2 37 Part II Rates Of Assurance

What The Public Ought To Know About Life Assurance By A Lady © 1858
< Previous > < Next >

42 LIFE ASSURANCE.

and is, in all cases, worth double the amount
loaned. There are also Fire Insurance policies
assigned to, and deposited with, the Company
as collateral security, amounting to 21 millions
of dollars, besides personal guarantees to a con-
siderable amount.
The state of each Bond and Mortgage, is ex-
amined by Committees of the Board of Trustees,
and the aggregate amount checked with the
Bond and Mortgage account in the Company’s
Ledger. A carefal examination is also made
into the various accounts of the Company, and
the transactions of the office are thoroughly
scrutinized by the Committees. Thus it will
be seen, that the securities are sound, reliable,
safely kept, and properly managed.

III. RATES OF ASSURANCE.

THE rates adopted by this Company are com-
piled from the various English Tables, carefully
modified by the Company’s own experience, and
the most correct observations obtainable as to
the duration of life in this country. We believe
that these rates can not be safely reduced, and

< Previous > < Next > < View Original Image >