The Bridgeport evening farmer., 1909-02-18
THE METROPOLITAN
 LIFE INSTANCE COMPANY

For the information of it's army of
 policy holders, the Metropolitan Life
 Insurance Company, of New York, has
 issued a statement of it's standing at
 the end of the. year 1908.S The facts
 set forth show that this great insur-
 more policies and to distribute greater
 benefits among the whole people than
 any other like institution, while it's own
 resources gain steadily in proper ratio
 tc it's increasing volume of business.
 The magnitude of the Company's op-
 erations is astounding. To fully un-
 derstsnd the meaning of the figures dealing in totals for the year, it is necessary to bring them down to the smallest division of time. For. exam
 pie, the mind can scarcely comprehend
 the significance of the statement that the total amount of outstanding poli- cies at the end of the year was $1, ,861,- 890, ,803, but we can easily grasp the no less astonishing fact that during the business hours of every day in the year an average of 6s24S new policies were issued and paid for. Every day taking the average for the year-441 persons received from the Company the full value in cash of policies which had been carried for their benefit Ev- cry day the Company paid out to it's policy holders and added to the policy paying fund (reserve fund) more than $166, GOO. The value of property owned and acquired by the Metropolitan Life during 1908 increased at the rate of of the Company dies every six min utes, and the Company pays during business hours a death claim on the average every sixty-two seconds. ! The Company owns nearly one hun dred million dollars worth of United Sattes bonds, city bonds, and railroad bonds and stocks; more than ninety millions of bonds and mortgages; more than twenty-twO millions of real eS- tate, and much other tangible prop erty, all held as assets available for the payment of it's obligations. Near ly ten million policies. (9,960, 106) are carried by individuals in the Metropol- itan Life. If these o!icy-holders were gathered into one community they would constitute a city of more than the combined population of the twelve largest cities in the United States.
 ' It is obvious that the Metropolitan Life is managed and controlled by men of consummate ability, but so are thousands of business organizations that never approach this Company in magnitude of operations. It is not merely executive ability, but the abil- ity to inspire and hold public confi-
 
 ing up this greatest of all insurance The Metropolitan Life deals directly with the people. Its poll icy from the beginning has been one of entire frankneSs with the people. No man, however unused to the making of business contracts can fail to under staEd exactly what are the terms of 1is contract with the Metropolitan Life. Every promise of the Company is set down in terms as definite and .lear as the English language permits; every obligation of the policy-holder to he Company is equally plain. No in- lated premiums are collected for "es- .imated" benefits every payment to the Company represents the lowest cost of oona fide insurance.
 Instead of leading it's policy holders to hope for more than they eventually receive, the Company has voluntarily .aken directly opposite course. With n. the past few years it has distributed sums amounting to nearly eighteen millions of dollars among it's policy holders in bonuses in addition to what the policies promised. This has been lone under no other obligation than ] moral conviction that the Company :houid share it's prosperity with those yho contribute toward it's success.
 The confidence and goodwill secured lnder this enlightened policy account 'or the fact that for fifteen cOnsecu- i've years. including 1908, the Metro ,olitan Life has received more new business than any other insurance company in the world.