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Judge, 1889-12 · page 48 of 53

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Judge — December 1889 — page 48: Judge, 1889-12

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CHRISTMAS JUDGE ONE HUNDRED MILLIONS PAID, In October, 1889, The Mutual Life Insurance Company of New York, reached and passed the point at which its total cash payments for DEATH CLAIMS ALONE amounted to ONE HUNDRED MILLIONS OF DOLLARS. No other beneficent institution in the world has ever accomplished like results. A marvelous feature of these payments is the short space of time in which they were made, showing the phenomenal growth of the Mutual Life Insurance Company. It is indeed remarkable that a company starting without a dollar should within 46 years pay for the one account of death claims over $100,000,000. The payments of all Life Insurance companies naturally increase with age, and upon this rock of “increasing death rates” all co-operative societies ulti- mately go to pieces. The Mutual Life, however, with its constantly increasing death claims is stronger to-day than ever. It has paid out, since 18438, for death claims, - - - - $100,004,258 23 It has paid out, since 1843, for matured endowments, Se ee 25,969,127 83 Or atotal of - - $125,973,386 06 Yet it holds for the future payment of claims over $130,000,000 and has a surplus of $8,000,000 over and above every liability. This colossal reserve fund is constantly increasing. It is a bulwark against all mischance—an evidence that the Mutual sells insurance that insures. os THE MUTUAL LIFE INSURANGE COMPANY OF NEW YORK The Largest and most Popular Company in the World. IT ISSUES EVERY DESIRABLE FORM OF POLICY, AND THE RESULTS ATTAINED ARE MORE SATISFACTORY THAN IN ANY OTHER LIFE INSURANCE COMPANY. comicbooks.com