BEFORE
INSURING.
INVESTIGATE
The Mutual Benefit Life Insurance Company,
OF NEWARK, N. J.
'Organized 1845. Charter Perpetual. Strictly Mutual. No Stockholders.
1845 FIFTY-SEVEN YEARS OF SUCCESSFUL MANAGEMENT. 1902
This Company is SOLID and SAFE, and Offers Insurance at the Lowest Possible Cost.
ITS RECORD FOR 47 YEARS SHOWING.
Low Expenses. Large Dividends. Ample Surplus. Successful Management.
Assets, Market Values, - $78,410,549.66 Surplus, N. J. & N. Y. Standard, $6,477,343.59
Premiums collected from Policyholders,
$226,278,956.84
Statement of Business from May, 1845, to January, 1902.
Paid to Policyholders and held for future payments,
$269,257,576.05
Amount gained for members, after paying all expenses of management, taxes, etc.
BEST CONTRACT EVER OFFERED.
$42,978,619.21
EVERYTHING STATED IN PLAIN FIGURES ON POLICY.
After Two Years every Policy is incontestable and absolutely non-forfeitable and there is no restriction on residence or occupation.
In every Policy, guaranteed statement in plain figures of its
Cash Surrender Value! Amount Company Will Loan! How Long Full Insurance is Extended! Amount Of Paid-Up Policy.
THE CROWNING FEATURES OF THE POLICIES OF THIS COMPANY.Policies issued by the "Mutual Benefit" cannot be forfeited by non-payment of premiums after the secondyear. Thus, if from inability, forgetfulness, illness, insanity, accident, absence, or any other cause, theinsured fails to pay any premium when due, his insurance is not forfeited as is the case with the usual form ofpolicies in other companies, but his insurance is, without any action on his part, continued in full force until thefull value of policy is exhausted, so that, whether premiums are continued or not, the company guaranteesa dollar's worth of insurance for every dollar of premium paid.
EXAMPLE.—Policy on the life of Abraham H. Dayton, of New York City, was issued in 1869 for $2,000. He did not pay the premium due in November, 1893. Mr. Dayton died in May, 1900, more than six years after the lapse of the policy, which was promptly paid in full, $2,000, by the Company.
Dividends declared annually and may be applied to reduction of premium or toIncrease amount insured, or to shorten term of Policy.
No withheld dividends to be forfeited in case of death or lapse of Policy, as is the case with the Semi-Tontine Policyholder, who forfeits all his dividends if he dies or defaults in premium payments before the end of Tontine Term.
To such as desire insurance with the least possible cash outlay, the Company offers the privilege of the 20 Per Cent Premium Loan Plan.
Losses Paid Immediately upon completion and approval of proofs of death.
ALL KINDS OF APPROVED POLICIES ISSUED.
Continuous Life, Limited Payment Life, and Endowment Plans: also Instalment Bonds, Annuities and Deferred Annuities.
FOR AMOUNTS FROM $500 TO $50,000 AT AGES 14 TO 70.
Send us your name, age, amount desired and kind of policy, and you will receive statement showing cost, advantages, etc.
Special statements and full information as to the unsurpassed advantages and merits of this Company will be given by applying to or addressing Spencer Goble, State Agent,
L. SPENCER GOBLE, State Agent, Southern New York and Northern New Jersey. 137 BROADWAY, NEW YORK.