Waterbury evening Democrat., 1906-12-22
To the Field Force.
GENTLEMEN:

It custom address each time annual Superntendents Convention Usually this the middle of January and the the Bulletin natural
 the Annual Statement of the Company This the Super inendens in convention the middle December obviously the record of the made would be set forth the of the Company in its business We shall something pleasant to to before close about what have pshed but immediate object you about plans for next year.
 Industrial Department.
 You have known from numerous addresses both written what ambition has been for years in the part business You will witness that of the has been of progressive
 beraty administration Company began The first of its incumbency Padup policies
 since then something has been done Industrial beyond promise sessions and bounties to its date and since then the successive have been marked by progressive gifts and benefits offered and this the Company has been disbusng the of about two millions voluntary dividends nonparticipatng Industrial policy premiums dividends in twelve to about millions of dollars to dividends death claims and increases of benefits upon existing policies.
 We have enabled accomplish this all these steady in business methods by steady extensions of business territory by steady additions to in force by wahfulness in writing and taking care business resulting in decreasing death rate decreasing lapse rate and decreasing rate These to from to year; but perhaps this facther gradual steady have failed to grasp their full Yet year o year have told amto reduce improve the death ae to better the policies to distribute the surplus prOportlonate policy holders and smaller proporonate amount used in
 Within the last few years disbursements for death claims continuously and markedly less in proportion Improvements ratio of steady improvement, that thought the time make scientific to speak. of the the business We have made mortality drawn of into various periods our experience mortality The mortality tables which founded taken from the experience of 1S90S94 comparison of this with tables taken from other periods has shown steady improve mortality of children the result is really startling. for instance two next birthday Our 493 deaths thousand table 1SS6 1905 369 three the figures respectively 32 and 243: 9S; ten 55 and 3S and this through the nfante table, AS 10 adults there is also a marked improvement.
 These the time has to construct tables benefits founded experience of 1ss6 confirmed in conviction by the fact that
 table from the 1901-1905 shows better ex peence the full decade And it to just tables upon the experience of white ves and based the improvement which We feel certain permanent How this improvement we H. figures comparing the table upon which our benefits based with table of white lives for the past thousand next birthday 49S reduced 347 age three g to 225 four 25 to 132: age five s5 ten 55 to 3i: twenty 105 other element mortality involved in table of benefits
 know ratio Of expense to premium has been falling for years this the phenomenal and will reach, we think by cent: This alone means saving of nearly half millions of dollars. We shall show 9O6 than has been experienced by any Industrial company in the world