Indianapolis News, Indianapolis, Marion County, 25 August 1919 — Page 9
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THE INDTAKAPOLIS NEWS, MONDAY. AFGUST 2o, 1919.
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ATE L CE COMP
INDIANAPOLIS—
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DIRECTORS:
H. W. BENNETT
W. C. BOBBS
J. L DISSETTE
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W. J. MOONEY ,
ALBERT SAHM
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TES A GREAT LIFE INS
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pTorifAUMUEER
R. W. McBRIDE
H. McK. LANDON
C. F. COFFIN
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pasts
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Merely Bigness—Not Simply Volume of Business THERE IS BUT ONE TRUE TEST
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subject relating to life insurance has there been so much >nsion as on the question of what constitutes a strong and safe >any.
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ver be forgotten that a life insurance company is strong, is mfidence, not on account of its age, not on account of its size, i characteristics are often referred to as evidences of greatness, ince company is great only in proportion as its assets exceed its ities; only in proportion as it is able to pay its claims promptly, and
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that, too, not only in ordinary times, but in such extraordinary times as this country went through last year by reason of the “flu.” With this simple test in mind, and with proper data at his hand, a layman may judge of the strength and worthiness of a life insurance company with the unerring accuracy of an experienced expert The State Life Insurance Company makes no special point of its total amount of insurance in force, although this aggregates :
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red Millions
«^xv/v v»4. ivo xic»L/iiiLiCo, IU ILao Uil lldllU cpllO W1LI1 r. Only, a very few companies in the entire country can present ncial showing—can measure up to such a standard of financial
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Omitting names of companies, the following table will show the superiority of the State Life among ten companies selected miscellaneously, no one of which has assets below Six Millions, and some of which have assets exceeding Six Hundred Millions,
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State in Which Incorporated.
1. Missouri
2. Indiana ...
3. Connecticut ... 4. Massachusetts
Massachusetts
6. Indiana ... .■......'.........
7. Wisconsin ........
Assets Per $100 of Liabilities.
$104.00
.................... $100.00
.. $107.00 .... $107.00 .... $108.00
$109.00
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8. Illinois .
9. ^Jew York ...... • • . .■••.i..;. ..... The State Life Insurance Company . .
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$114.00 $115.00
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$118
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The State Life Insurance Company adopted the plan of building assets instead of accumulating liabilities, and points with no little pride to
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ADE OF EXTRAORDINARY RESULTS
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JANUARY 1, 1909—JANUARY 1, 1919
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Receipts From Interest and Rents $7,668,681.76 Death Claims Paid, Including Influenza Claims $6,842,249.09 Excess of Interest and Rents Over Death Claims $ 826,432.67
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Amount Paid to Beneficiaries $6,842,249.09 Premiums Paid on Same . $2,193,617.23 Profit to Beneficiaries . . . . $4,648,631.86
$2,6 fM 20.1^ $ 860,561.60
Unassigned Surplus January 1, 1919 . . . Unassigned Surplus January 1, 1909 . .
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Increase in Surplus : $1,753,559.17
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