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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 19, 1902)
4 " 1 .THE ' MOHNING OREGONIAtf. r TUESDAY, 'ATJGTJS3? 19, 1902: . k . r " f - : ' " :' 5 Washington Life Insurance Co. Of New York lair T Scott, General Manager, N. P. D. Assets $ 16,500,000.00 Dividends, Cash and Surrender Values,) Pajd poi hojd $40,000,000.00 Annuities and Death Claims, . ) Surplus, Including Reserve for Dividends, . . . . $ 1,093, 1 66.00 INCOMPARABLE STATEMENT FOR YEAR 1901 Per Cent of Cash Reserve on Hand to Protect Insurance at Iisk . . . . - . 25 Per Cent of Interest Earned on Gross Assets . . . . . . . . - ' . . Per Cent of Total Payments to AH Policy-holders of Entire Income . . . . Per Cent of Total Payments to Living Policy-holders in Dividends, Cash Values, etc., of Entire Income, 6 5 o o ONE OF THE BEST AND SAFEST COMPANIES IN THE WORLD ABOVE EVERYTHING, A POLICY-HOLDERS' COMPANY SYNOPSIS OF Sffl MONTHS' RECORD IN MILLION DOLLAR NORTH PACIFIC DEPARTMENT January 1st to August 1st, 1902 Applications Received . . . ... . . . . $78 1 ,000.00 Insurance Issued by Company . . . "'?;.: :vK:'.' $661,673.00 Insurance Delivered and Paid in Cash to Company 'V.V . . . . $603,2 1 1 .00 New Premiums Paid Company . . . . . . . . . $ 30, 1 97-24 Average New Paid Premium per $1000 Insurance . . . . . .-. . $50.06 With a Staff of but Thirteen Agents This Department, Per Capita, Is Producing Yearly More New Paid Premiums Than Any Life insurance Agency of Note in the World. G A 1902, Seven Months Paid Premiums . .. . $30,197.24 1901; Seven Months Paid Premiums ." . . $20,417.86 (Rate of increase nearly 50 per cent.) $ 9,779.38 The Washington Life Insurance Co. earnestly desire that only such persons apply for membership in the company as fully intend to retain their' membership and continue their policies Tor a specified period. To best subserve this end we believe our policies are so clearly worded, and contain such large cash values, that tkey are the most attractive in the market. We strive hard to engage as agents only those who will represent us in a serious and businesslike way. To this principle of fair and direct dealing is due the splendid showingas above. You don't want to take a policy for a day or for twelve months. You want to take it with the idea of keeping it. The Washington Life, above everything is a policy-holders' company, and aims to make your insurance a blessing and not a burden. For 42 years we have done this for -thousands of people: Successful men, and mjsn of integrity can secure a contract and build up a permanent business through an alliance with this department. Address: v - ; Blair T. Scott, General Manager ' - - 610-11-12-13 Chamber of Commerce, Portland 42 1-464 'New York Block, Seattle . 530-531 Rookery Block, Spokane --v T