Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1905-11-26
RELIANCE LIFE INSURANCE COM
PANY.
81 OF Pittsburs, Pennsylvania.


holding an early organization meeting
one of their number said, Gentlemen,
let us put our whole hearts into this
work and form q company, which
from its inseption will be recognized
as great financial Intuition, and
win uphold the reputation Of its IA
tive city, as q place where big men
live and big institutions prevail"
His counsel was accepted, and the
Reliance Life Insurance Company
was incorporated with a larger origi-
nal capital and surplus than possess
ed by any other company in the his
tory of life insurance.
The wisdom of this course is EVIL
dent. It ranked the company imme-
diately among the strongest insur-
ance companies Of the World. ana
placing it in position from it's con-
seption, which other companies have
taken 10 or Is years to attain.
It would indeed be difficult to find
more representative body of men
than are contained in the Director
ate of the Reliance. for they are men
that value honor above millions, he
ing composed of prominent attorneys,
bankers steel magnates coal operators
and representatives of other large
industries. All the Directors give
their services gratuitiously, neither
the President Vice. President nor
any Director receiving any fee salary,
commission or other remuneration, dt-
rectly or indirectly for their services
and will not. until the premium re-
ceipts on the business will justify a
moderat salary for same, thus debar-
ing graft from the start
The main principle followed, in de-
vising their Policy contracts was lib
crafty, as far as consistent with safe
ty. The contracts are written in
plain, simple language free from tech
nicalities and are readily understood
by persons of average intelligence,
covering every contingency that may
happen in any mans life, being ide u.
They have charged the highest legal
reserve per cent premium on all
Policies and have solid legitimate in
surance policies in the good old-fash-
toned way in the face OF the keenest
competition with old companies with
established regulations and lover
rates, and new Companies offering va
rious inducements to sell their Poll
..s.les. The Reliance has carefully
avoided all so-called schemes of lie
insurance, such as preliminary term
plan, advisory board contracts, stock
options date back policies investment
bonds and many other disreputable
schemes which some companies are
using to get business, but all Of whicl
have resulted to their everlasting qis
credit. The Reliance has CAREFUL.
avoided all deceptive schemes, thei
business being conducted open am
above board.
For these reasons the Reliance LII
decided to charge ample, adequate
rates for it's policies; rates that woul
stand Tor all time, and to give in e,
change the very best possible pr
lection in the form of liberal polio
contracts which will be paid prompt
when due without resorting to a Law
suit, being backed by large resource
safely invested in high class secur
ties.
The officers OF the company bein
first class business men and KNOWN
the great cost that it would enta
upon new company to start bus
ness that required many Offices wi
fixtures of many Kinds of sundrie
and body of intelligent men to i
troduce the company to the insurir
public, would cost much money s
they at once put up $1,000,0O0 |
provide fo- all contingencies tn;
might arise as q surplus to prote
the policy holders. which would ]
bar at once all tricks and scliem
that some new companies have had
resort too, to sustain their bushes
such as an Advisory Board Contra,
(which only allures to destroy for
ca spever be carried out, and Z =
lieve no honest company has ever .
sorted to it.
Those who have insured in the Il
lance Life have been credlted wi
q good dividend AZ no part of sar
has been used for expenses. 4
good companies that are very cal
full in the selection Of their ris1
the first few years their mortality
not more than so per cent of Il
mortality tables which will enah
them to pay good dividend, as it
from this source the most money