You are reading a page from The Insurance Society, Trade
Magazine (1884)
Part of the American Term Life Insurance History Project
Term Life Insurance
Insurers joining now will share in two years profits at the division in 1885.
CANADA LIFE ASSURANCE COMPANY
A, G-, EAMSAY, PRESIDENT E. HILLS, SECRETARY.
86th YEAR, ENDING SOth APRIL, 1883.
Capital and Funds, about - - $6,500,000.
yew Policies Issued, 2,135, for - $4,778,734.
Annual Income - - - $1,150,337.
Total Amount in Force - $30,139,0!)5.
J. W, MAULING, Manager Province of Quebec, 180 St. James St., Montreal.
JAMES JLKiy, District Agent,
P. LAFERRIERE, Inspector.
The Ontario Mutual Life Assurance Co'y
HEAD OFFICE, WATERLOO, ONTAKIO.
DOMINION DEPOSIT
^100,000.
The only purely Mutual Life Company in Canada.
Total number of Policies in force. Dec. 31, 1882, 4,335. I Covering Assurance to the Amount of - SB,804,478.
Net Cash Asset* ------- t365.3^8.71. I Net reserve to credit of policy-holders $333,044,59.
The Company'8 Reserves are baaed on the Actuaries' "Table ot Mortality," and four per cent. Interestthe HIOHEST »tandard adopted by any life
compuny in Canada, and onp-half percent, higher than the standard n«pd by the Dominion Insurance Dppartmenl.
The rapid growth of thg Company may be seen from thp fact, that in 1870, the flrit year of its business, the total a»«et« amounted to only 16,216, while
last year thfy reached the handsome total of $427,429 ! !
1. E. BOWMAN, President.
W. HEN DRY, Manager.
W. H. RIDDELL, Secretary.
SUN LIFE ASSURANCE COMPANY
OF CANADA.
UNCONDITIONAL INCONTESTABLE LIFE POLICIES.
fPHE objection ie very often made to Life Assurance that the Companies mar take advantage of some of the nutneroiia and complicated con-
| ditions on the policies, and thus either avoid entirely the payment of claims, or compromise with the widow for a small sum. 'Phere is
considerable force in this argument, hut it cannot be urged indiscriminately against all Companies. The SUN LIFE ASSURANCE
COMPANY, OF CANADA, issues absolutely unconditional policies. There is not one restriction of any kind on them. The assured may reside in
any part of the world without givine notice or paying one cent of extra premium. He may charge his occupation at will; he may travel, hunt
or do anything else without any extra of any kind. The contrast is remarkable with other policies. Ask an Agent to show you one; it speaks
for itself. X9~ Remember THE SVN is the only Company in Ameri-a which issues an unconditional policy.
( THOMAS WORKMAN, Esq., President
R, MACAULAY? Managing Director,