HENRY W. EATON

President

GEO. W. HOYT
1st Vice-President

A. DUNCAN REID Secretary and Gen. Mgr.

Globe

Indemnity Company of New York the Company with "The L&L & G Service"

Issues the following classes of Insurance
Automobile, all forms of Liability (including Physicians' and
Druggists' Liability), Steam Boiler, Flywheel, Plate Glass, all
forms of Burglary, Accident, Health and Disability and all
classes of Fidelity and Surety Bonds.

FOUNDED 1792

INSURANCE COMPANY
OF NORTH AMERICA

OF PHILADELPHIA, PA.

Cash Capital, $4,000,000.00
FIRE, MARINE, AUTOMOBILE, TOURIST

AND INLAND INSURANCE

EUGENE L. ELLISON, President
BENJAMIN RUSH, Vice-Pres. JOHN O. PLATT, 2nd Vice-Pres.
T. HOUARD WRIGHT, Secretary SHELDON CATLIN, Assistant Secretary

OF NEWARK
Does Not Meet Competition; It Beats It!

The conservative companies (including the Mutual Benefit) for years have computed their reserves on a basis at least as strong as 3% for new business. Does yours?

Are all of your Company's reserves upon a basis at least as strong as 31%? The Mutual Benefit Answers Yes.

Has your Company ever strengthened the reserves on its old policies; and if so, has it given its I wicyholders the benefit in larger non-forfeiture equities and increased dividends? The Mutual 3*nefit answers Yes.

Has your Company voluntarily established contingency reserves on a scientific basis and a susreuded mortality fund to cover all known hazards of the business? The Mutual Benefit answers Yes.

Do all savings due to careful management and low mortality belong to policyholders and are all 6 h savings above the mathematically determined needs of security apportioned to policyholders? The Mutual Benefit answers Yes.

Is the voluntary lapse rate of your Company as low as 4%, thus expressing the satisfaction of the D'embership? The Mutual Benefit answers Yes.

Is practically a quarter of your company's new business on the lives of old members who are sa sfied policyholders? The Mutual Benefit answers Yes.

Is it true with your Company that the insured is not necessarily limited to the privileges stated in the policy? The Mutual Benefit answers Yes.

When new privileges are granted in later policies, are they always and immediately, in so far as Dossible, extended to all outstanding policies; in short are they retroactive? The Mutual Benefit wers Yes. If you believe with Sheldon that "he profits most who serves best," the Mutual Benefit will appeal

For the Seekers for Success in Life for the men of Ability, Reliability, Endurance and Action, Wo are Growers in Threefold Manhood, the Mutual Benefit has a message. Don't you want to read it?

THE MUTUAL BENEFIT LIFE INSURANCE CO. FREDERICK FRELINGHUYSEN, President HOME OFFICE, NEWARK, N.J.

THE

INSURANCE

YEAR BOOK.

1912-1913
[Life, Casualty and Miscellaneous.]