Waterbury evening Democrat., 1906-12-22

element goes into the construction of tables o
 up table we were convinced that the public
 was enamoued of endowments Our Industrial business
 ment and Endowment policies and
 Twenyyear Endowments forming very proportion
 advantage this table largely the
 reserve Our chdrens Increasing Life Endowment po
 according to age at issue Compared with the
 Whole tables issued by other these
 the of increase of millions dollars in Unthnkng conclusion that this piles the wealth of the Company forgetting that along with the increase of assets the increase liabilities and that the wealth of the company its surplus and completely overlooking the remarkable fact that have deliberately kept down surplus about assets by annual distributions surplus D s aDs os m
 than endowments. We in business please the public
 ed Payment Life contracts thought preferable En- dowments. We have resolved therefore discontinue to the public formerly existing which were we believe the first tables really scientifically constructed fore be Whole Life think there signs of belief the part of the public that people to what mathematician selfevdent
 life insurance the companies enabled the policies
 the receipt of premiums from those who live
 their expectations and that the hardship those is the essential basis of life However possible of to make tables for limited and the prob
 lem therefore to fix that shall not be raise the premiums (what the in Industrial nsur where the unit the premium and not the amount of to reduce the benefits unduy and the other hand to fix the old that the benefits limits of premium shall be lost We have fixed age 75 as the limit of payment of premiums because that enabled only slightly reduce the benefits during life sty of paying premiums that And the occasional complaint that people never live to such old age that in 1906 shall have voluntarily matter of paid about 2,700 claims Endowments policies issued Whole Life reaching 80 after paying premiums for 15 years
 Constructing table of benefits upon these principles Whole Life instead of Endowments; mortality perience instead old loading proporoned duced age 75we shall forth for 1907 tables trial department which better than company toore issued and better than have before this safe to issue.
 The striking change Infantie table, because there substitute Life tables with payment premiums
 limited 70 for comparatively short Increasing En- dowment tables in therefore enabled benefits what have been compelled to hold
 liability upon. the endowment features.
 Our Infantile tables will pay nearly much death benefits for weekly premium of five cents have fore paid for weekly premium of understood that the law fixes maximum of benefits the benefits at the later persistence two at entry the benefit in of death s113 while the benefit three nine sf6s and the benefit four age is $165. and This is recognition of the additional for which premiums have been paid by those entering earlier when death at the It follows this of benefits policy will be issued under the Infantle tables premium of than five cents And desire for ess insurance, especially in large families have table with proportonate benefits for weekly premium cents.
 Adult tables the same premium based strictly upon tables of mortality At the increase 12 cent Life table md nearly IS cent Life able 20 the per and over per cent respectively 90 the increase nearly six