. Philadelphia and popular Philadelphians . es Tontine policies havebeen, in most cases, larger than those of any other company, com-parison being made between policies taken at same age and premiumrate, and running through the same period of time. 6. The policies of the New York Life, as now issued are nota-bly free from restrictions as to occupation, residence and travel, andclaims are paid upon receipt and approval by the Company of satis-factory proofs of death. In connection with these statements of the principles, customsand success of the New York Life, we give herewith figures showing
. Philadelphia and popular Philadelphians . es Tontine policies havebeen, in most cases, larger than those of any other company, com-parison being made between policies taken at same age and premiumrate, and running through the same period of time. 6. The policies of the New York Life, as now issued are nota-bly free from restrictions as to occupation, residence and travel, andclaims are paid upon receipt and approval by the Company of satis-factory proofs of death. In connection with these statements of the principles, customsand success of the New York Life, we give herewith figures showing the entire history of the business done by the Company and itscondition on January 1, 1891. These figures show a growth asmarvelous as it has been continuous, and a present strength andvolume of business that furnish the most ample guarantee tointending insurers. Received from policy-holders in premiums for in-surance (less re-insurance I in forty-six years,1845-1890 . _ . . . $231,159, Premiums for annuities ..... Total from policy-holders ..... Paid to policy-holders and their representatives . Assets held as security for policy-holders, January I, 1S91 Total amount paid policy-holders, and now heldas security for their contracts . - . Amount paid and held exceeds amount receivedReceived from interest, rents, etc., in forty-six years, 1845-1890 Death losses paid in forty-six years, 1845-1890 Interest and rents exceed death losses paidDividends paid in forty-six years, 1S45-1890 .Surplus over liabilitiesunder New York Statelaw, January 1, 1891 . Amount saved policy-holders from table rates $24*.*77-575-65$142,623, 115, $258,571,412. S6$9,694, $°-6856,024, $39,658, 15,069, $54,727, January i, 1S91. $115,947, Companys AssetsLiabilities, standardSurplus, Company: standardSurplus by State stand ard (4 per cent.)Policies in forceInsurance in force . 101,049, 14,898, 15,069, 17
Size: 1574px × 1587px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bo, bookcentury1800, bookdecade1890, bookidphiladelphiapopu00phil
