Containing Handy Information of the Insurance Busi-
ness, the Officers and Managers of All Classes
of Companies, Insurance Department Of-
ficials, Associations of Underwriters,
Statutory Requirements, Summary
of Workmen's Compensation
Laws, New Companies,
Legislative Sessions,
Definitions, etc.

AND

General Information Concerning United States Gov-
ernment Officials, Governors of States, Popu-
lation Tables, Domestic Telegraph and Cable
Rates, and Other Statistics

PUBLISHED BY

THE UNDERWRITER PRINTING AND PUBLISHING

COMPANY

EIGHTY MAIDEN LANE, NEW YORK

LEADING FEATURES

The Mutual Life Insurance Company of New York is the oldest life company in America, having begun the issue of policies February 1, 1843. It has always been a leader among American companies; conservative, but abreast with the foremost in progressive methods of real merit. The aim of the management is “Pre-eminence in Benefits to Policyholders," rather than supremacy in size or in volume of business written.

The Company is especially noted to-day, as it was in the beginning, for its large annual dividends and its low net cost. Since 1906 it has issued only participating policies, on which it pays dividends annually, including a dividend at the end of the first year; after payment of the second year's premium every dividend is payable when apportioned, whether the accruing premium is paid or not. A postmortem dividend is payable on annual dividend policies, even in case of death before the end of the first year. The sum of $17,518,116.46 was paid to policyholders in dividends in 1916, while $20,435,398.77 has been set aside for dividends to be paid in 1917.

Cash, paid-up or extended insurance surrender values after three full years' premiums have been paid. Loans, at 6 per cent. interest, payable at the end of the policy year, are available at any time after three full years' premiums have been paid, even at the end of the first year.

Policies are free from restrictions as to occupation after one year and incontestable after two years. Free from restrictions as to military or naval service after one year, and, as to residence or travel, from date of issue.

Claims payable immediately on receipt of completed proof. Total payments to policyholders in 1916 amounted to $68,654,843.80, which was $6,748,758.97 more than was received from them in premiums. Women are insured at the same rates as men.

For Terms to Producing Agents, Address

GEORGE T. DEXTER, Second Vice-President

34 NASSAU STREET, NEW YORK, N. Y.