The evening Caledonian. [volume] (St. Johnsbury, Vt.) 1918-1920, 1920-02-23
INSURANCE
RECORDS
BROKEN
Life Statement
Shows Amazing Growth
of the Business

Notwithstanding the current, stor-
les of wasteful spending on the part !
of those who are receiving more
money than heretofore throughout
the country the experience of the
Metropolitan Life Insurance Com
pany, as set forth in its annual state
ment, published today, indicates that
greater number than ever are saw
ing money and investing it in life in
surance for the protection of their
families. The Company broke the re-
cord for new insurance in 1919, the
total being $1,41S,6s1 ,492 and of
this more than S500,0O0,OO0 was In
dustnal, the small policies on which
he premiums are paid weekly. Group
insurance, which is comparatively
new branch of the business, where
employers take policies covering their
employees. reached the total of nearly
122,000,000. The total number Of
outstanding policies Of the Company
is 21,770,671 for the great total of
| s5,343, 652 ,434. The Company's in
come increased more than 81 y mil
| ion dollars and amounts to S254,728,-
)42. The assets of the Company are
SS64,82 1924, gain during 1919 of
! SS9,367,12G. The dividends to be
paid to policy-holders during 1920
lmoun: to $685., 1913, of which more
than six million dollars is to Industri-
n policy holders. In its campaign for
better health the Company's visiting
nurses made 1,300.S33 visits to 256,O00
sick Industrial policy holders, and
me Company's agents distributed
more than 12,000,0O0 pamphlets Civ.
ng hints on improved health cond;-
rs, proper sanitation, etc
The reduction in the Company's
mortality in 10 years has been IT 9-10
per cent. The Industrial death rate
in 1919 was the lowest in the history
IF the Company. General health con-
ditions. as reflected among the hold
rs Of more tina 21.00O,000 policnies,
"ere better than normal.
The Company has conducted expe-
'iments in health and welfare work
which are receiving the attention of
cientifc men and those interested
in health and economic topics. One is
t birmingham, Mass, where the
company, two or three years ago, au-
! horned an expenditure Of one hun
ired thousand dollars to be spent by
he National Society for the Proven
ion of Tuberculosis in an effort to
wipe out that disease in an entire
municipality. The experiment is be-
ng continued with the corporation
If various semi-publc and official
bodies with results that are consider
d satisfactory and that indicate that
tuberculosis can be entirely stamped
ut.
Another interesting experiment IN
welfare work is in the city ofKings-
mort, Tenn, where, under the leader
hip of number of prominent bust
ness men, Group policies have been
AIKEN out for every employee in
very industrial concern in that place.
The entire pay roll of the city has
llso been insured under one group.
and thus all the workers of a city of
EN- thousand come under. the opera
ion of the Metropolitan Health and
Welfare activities. Supervising Nurs-
IS from the company have investigat-
ID health conditions and have under
taken general program of improve
nents in an effort to make Kingsport
| healthy city. One incident in the
health campaign in kingsport was
he burning of considerable group
Of old houses which Metropolitan
survey showed were not fit to live
in and were beyond hope from a
sanitary standpoint. In the language
of the men who are back of the en-
!erprise, the city has taken the Met
ropolitan as its partner for the i'm
provement of all civic conditions.