Evening journal., 1901-05-02
LIFE INSURANCE
SAVINGS BANK
Adapted TO People Of All
Conditions
DEPOSITS MADE MONTHLY
Combination Of Savings Bank and
Life InSuranseP Principles May
ReVOIaiiOnile Business

That this is an age Of monthly pay
ments is established by the fact that
the largest financial institution In the
world, heMutull Iifglnsurance Com
pany OF New York, has inaugurated a
mOnthly payment department. In dis
cnssing this feature OF the business
Herbert n. Fell, the company's Gen
Icral Agent here, says:
This is a practical age. and we are a
practical people Life insurance
Throughout the United States is con-
stantly gaining in popularity. and It is
daily asserting its superiority over
savings banks by the payment OF poll
cies that yic,d a return of more than
four per cert. interest In addition to
furnishing the Insurance protection in
case of death.
Realizing that a very large percent
age of those needing life insurance re-
ceive salaries and can more cOnven-
ior-ly sate d certain portion of their
earnings by she month than by the
year. The Mu.ual Life has established
in connection with the Wilmington
General Agency, a Monthly Payment
Department, which offers such advan-
tages that nona who are physically in
surable need postpone the matter OF
taking insurance a single day.
Through this department all the
regular forms Of policies may be Sc
cured in amounts of $500 up. AT age
p a policy Cf $500 on precisely the
same Tlan as the Million Dollar Policy
CT Mr.. Vanderbilt or Mr.. Peavey. can
be secured by the payment of 81 cents
r-T month, and at older ages in pro-
lpcgtion.
To those interested in the subject Of
investments an examination Of the de-
lsiIable features offered by this depart
imSlt in its Distribution Policies" will
mere than compensate for the time
spent
Under this form Cf contract the in
sared may Immediately provide an es.
tate for the protection OF his family,
and certain annual iRcome or cash
capital for his cwn support in adj
Ivslced age.
The cash value or continued insur-
ance, together with the annual cash
income, gives this form OF contract all
! the features OF a bond and the avail
ABILITY CT a sound Investment.
These policies have cash values at
"A' AiHlN UlAti Aht illIu year, lne Iull
amount Of which may be borrowed at
. per cent interest and the policy kent
in force fer its face. less the amount
actually loaned
Cur Financial Department is under
tho direct charge and constant super
vision CT the executive and trustees.
who are men OF national reputation
ana OF great financial skill and expert
once and exalted moral and business
character. Because of this. and its
location in New York. the money Gu
tie of the world. this company has en-
loyed special advantages in the selcc-
tion Of securities and i'm making safe
and profitable investments An exami-
nation of the statement OF the company
lshows that its present investments are
lof the highest possible character.
! Life insurance as a business oilers C
young men opportunities unsurpassed
by any other vocation. IL should be
regarded in the light Of a profession
and diligent application to acquiring a
thorough knowledge Of its scope is alb.
solutely necessary. Young men with.
ont previous experience are quite sue.
cessful in writing Monthly Payment
Policies and are thereby enabled "a
learn a business with unlimited possi
Dilities without the investment of any
capital. We now have ten men con
nected with the Monthly Payment Dc
partment in Wilmington, but this mum
Der will probably be doubled in tn,
near future"