Evening journal., 1911-03-09
FINANCE EXHIBIT
OF HOME LIFE
WelI-KnOWn Insurance Co. of
824 Market Street Makes
Annual Statement

Operating conservatively and grow
fng steadily. Gratifying gains in ah-
solutely every department arc shown
in the new annual statement, which
has just been made public, by the
Home Life Insurance Company Of
America, with its home Office at S34
Market street, Wilmington, Del
This Wilmington Company. which
is now twelve years old. has always
been conducted along sound and con-
servative business principles. and
with high regard for the integrity Of
all its contracts.
Since the new management assum-
ed control in May, 1907, il has stead
fastly avoided extravagant business
methods, which temporarily make 4
good showing, but which i'm the end
are certain to inure to the disadvaut-
age Of policyholders of companies
adopting such methods.
The officers Of the Home Life Insur-
ance Company Of America have been
content that it's growth should be
conservative and sure.
The new statement now presented
shows assets of $2S5 1S0S9. represent
ing an exceptionally fine list of Sc
curities, Of which any institution
might we'll be proud Tho principal
items are municipal and railroad
bonds of over S154.46O. Carefully So
lected first mortgage loans of s5S.S50
secured by real estate located ia Will
nd 81 l.,
banks. etc. S30.SS2
The item Of agents balances is re-
latively small, amounting to but
$1,000. which is a decrease over the
amount outstanding one year ago.
In its column Of liabilities the COM
pany specifically sets forth. as requir-
ed by law. net policy reserves. com
puted on the ID per cent basis OF
Sl29.223.5S This legal reserve re-
quirement for the protection Of pol
icyholders shows a very considerable
gain over s37 265.72 over last year
Tho surplus to policvholders. which
includes the capital. amounts to
S153.222 81 likewise indicating a very
satisfactory increase.
BY all means the most gratifying
feature Of the new exhibit. however.
is the new business record for the
last twelve months. In its agency
branch the company made splendid
gains the management demonstrating
its ability to successfully conduct
this most important department oi
the business.
During the year the company issued
14.701 new policies. which represents
new insurance Of S3.SS2,0O0. This
enabled the company 10 show a gain
in the total amount of insurance on
its books Of 81 1.095,00O, increasing the
total amount of business in force IA
upwards Of Sc 429, 1000. about s5.000.00
Of which has been new ordinary busi-
ness placed on the books Of the COM
| pany since 1908. when the ordinary
/ department was opened.
The company Is now in receipt Of 2
splendid premium revenue which ex
ceeded the premium income of tn,
! previous year by $4,000.
In all essential features the new
exhibit OF the company merits com
mendation and reflects the consci
entious administration which is do
termiued that the Home Life Insur
ance Company OF America shall e
steadily and surely forward. an,
shall furnish that character Of lif
Insurance to those protected undo
its policies which is as good as tn
best
The entire capital and reserve o
this company are invested in securi
ties approved by the Insurance Com
missioner Of Delaware and deposite
with him. in exchange for which th
Insurance Commissioner signs ever
ordinary nolicv issued by the com
pany making this company's Dolicie
safe as Government bonds.--Adv