Washington, DC, 1999.
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Life Table I.
HOMEOPATHIC.
Premium on $1000 for term of Life, payable in cash.
Profits received annually in reduced Premiums.
In calculating premiums, the age of the party insured will be taken at the nearest birth-day, past or to come.
Policies on the Ten Year plan are Non-forfeitable.
Life Table II.
ALLOPATHIC.
Premium on $1000 for term of Life, payable in cash.
Profits received annually in reduced Premiums.
In calculating premiums, the age of the party insured will be taken at the nearest birth-day, past or to come.
Policies on the Ten Year plan are Non-forfeitable.
THE
HAHNEMANNIAN
LIFE INSURANCE CO.
OF THE UNITED STATES.
PRESENT CAPITAL STOCK, $ 200,000.00.
AUTHORIZED CAPITAL, $1,000,000,00.
Stock invested and secured by U. S. Bonds, Ohio State Bonds, Real Estate, and other first class obligations.
OFFICERS:
H. M. CHAPIN, President.
WM. HEWITT, Vice Pres't.
J. P. DAKE, Actuary.
S. S. COE, Secretary.
S. R. BECKWITH, Gen. Ag't.
D. H. BECKWITH, M. D., Medical Examiner.
PAINE & WADE, Attorneys.
EXECUTIVE COMMITTEE:
H. M. Chapin, S. L. Mather, D. P. Eels.
This Company is organized under the laws of Ohio, where each Stockholder is liable for double the amount of his shares, thus affording, in addition to the ever-accumulating funds of the Company, a large funded Capital, to secure prompt payment upon every Policy properly presented for liquidation.
Life Table III.
HOMEOPATHIC.
Premium on $1000 for term of Life, payable in cash.
Profits Receivable.
In calculating premiums, the age of the party insured will be taken at the nearest birth-day, past or to come.
Policies on the Ten Year plan are Non-forfeitable.
Life Table IV.
ALLOPATHIC.
Premium on $1000 for term of Life, payable in cash.
Profits Receivable.
In calculating premiums, the age of the party insured will be taken at the nearest birth-day, past or to come.
Policies on the Ten Year plan are Non-forfeitable.
The Hahnemannian Life Insurance Company.
TREATMENT.
It is pretty generally known that there is a difference in the ratio of mortality among persons subject to the same disease, under different modes of medical treatment; and it has been definitely ascertained that a larger proportion of those afflicted with Cholera and Yellow Fever have recovered under Homeopathic medication than under any other; while a careful observation of hospital, as well as private practice, has shown the general superiority of that mode in all the more common forms of disease.
PREMIUMS.
Hence this Company will grant Policies upon the lives of patrons of Homeopathy at rates of premium TEN PER CENT. LESS THAN ON OTHER LIVES.
In case any Policy-holder, paying premiums at Homeopathic rates, should change his physician and mode of practice, he will not thereby forfeit his Policy, but will thereafter be charged TEN PER CENT. additional premium, thus changing his Policy to the Allopathic rates.
Premiums on other lives will be the same as required by other first class Companies, as shown in our tables.
NOTES.
Where a Policy is granted upon an unexceptionable life for $ 3000, or more, a note may be taken in half payment of the annual premium; said note to be payable in one year, with interest, and to be finally deducted from the amount of the Policy, if not sooner cancelled by participation in profits or otherwise.
Premiums are always to be paid in advance, annually, semi-annually, or quarterly.
KINDS OF POLICIES.
Policies will be granted assuring any amount from $500 to $5000 on one life, and made payable—
1st. To the party whose life is insured, to his heirs, executors or assigns.
2d. To a Trustee for the benefit of another to be named in the Policy, or—
3d. To a wife, or in case of her death, to her children or their guardian, free from attachment for the debts of the husband.
Again, the Policy may be for life, or for a definite term of years. It may be paid up in one year or ten years or in annual premiums for life.
It may be at Homeopathic or Allopathic rates.
It may be WITH PROFITS RECEIVABLE after the expiration of one or more years, or WITH PROFITS RECEIVED ANNUALLY IN ADVANCE, in the form of a reduced premium.
It may be on the Endowment plan, payable when the insured attains a certain age, or at death, should he die before that time; or on the joint life, payable at the death of the first of two or more persons; or upon the Annuity plan.
DIRECTORS:
H. M. Chapin, - Mayor of Cleveland;
Wm. Hewitt, - Superintendent Union Line Express Company;
S. L. Mather, - Cleveland Iron Mining Company;
D. P. Eells, - Vice President Commercial National Bank;
J. P. Dake, - President Dover Bay Grape and Wine Company;
R. F. Paine, - Paine & Wade, Attorneys, - Cleveland.
S. R. Beckwith, S. F. Lester & Co., Commission Merchants, “
H. C. Blossom, - Wm. Bingham & Co., Wholesale Hardware, “
Geo. Sprague, - Geo, Sprague & Co., Wholesale Grocers, “
Wm. Edwards, - Edwards, Townsend & Co., “ “ “
A. S. Sanford, - Pres't French River & North Shore M'g Co's, “
W. A. Fisher, - H. Garretson & Co., Wholesale Grocers, “
W. D. McBride, - Hussey & McBride, Oil Dealers, “
H. G. Cleveland, Cleveland, Brown & Co., Iron Merchants, “
James Barnett, G. Worthington & Co., Wholesale Hardware, “
HOME OFFICE,
Cleveland, Ohio.
Offices will be opened in
ALL THE STATES,
For this Company, as soon as papers can be executed in conformity to the Statutes of the several States.
This Company is not Local,
The Stockholders residing in different parts of the country, East and West.
NON-FORFEITABLE POLICIES.
In case a party holding a ten year Policy is unable, after making one or more payments, to proceed farther, the Company will consider itself bound to pay to his heirs or assigns, upon his decease, as many TENTHS of the Policy as the party has paid annual premiums upon it. For example, if the party holding a $5000 ten year Policy has paid his premiums for three years and is then unable to make farther payments, his heirs or assigns, upon his death, will be entitled to $1,500, or three tenths of the amount named in the Policy.
Again, the Company will purchase life Policies upon which two or more cash premiums have been paid, and issue instead, a paid-up Policy for an amount equal to the current cash value of the original Policy; provided the health of the party insured is unexceptionable at the time the Policies are exchanged.
PARTICIPATION IN PROFITS.
All the profits accruing from the business of this Company, after paying interest upon its stock, annual expenses and losses, and adding sufficient to its reserve fund, will be equitably divided among its Policy-holders.
Those policies issued upon “REDUCED PREMIUMS,” participate in the profits as well as those which have “profits receivable,” the difference being this, that the former draws its dividends beforehand, in the shape of a DISCOUNT, while the latter waits for its profits with the chance of taking less or getting more.
Dividends, from “profits receivable,” are applied at the option of the Policy-holder:—
1. To lessen the annual premium, or to cancel notes held in part payment of premiums. 2. To increase the Policy for life, or — 3. In scrip, payable in cash, as the condition of the Company may warrant, in from one to three years, from time of issue.
RESERVE FUND.
It is one of the fundamental principles and rules of this Company, to lay by, each year, a sum which, together with the Capital Stock, will exceed the current cash value of all its outstanding Policies and liabilities.
PAYMENT OF LOSSES.
Every Policy issued by this Company will be paid up in cash, within sixty days after satisfactory evidence of the death of the insured is received at the Home Office.
The Agents of the Company, everywhere, will assist in gathering and forwarding evidences of the death, and in procuring payment to heirs or assigns of the deceased, from the Home Office, with as little delay and expense as possible to Policy-holders.
A Life Insurance Policy is a Protection to the Family beyond all Contingencies.
Sanford & Hayward, Printers, Lithographers and Book Binders, Cleveland.