TH HE NEW YORK LIFE INSURANCE COMPANY issues Policies at Whole Life, Limited Payment Life, and Endowment Premiums on the Annual Bonus system, the Five Year Dividend system, and the Non-forfeiting Limited Tontine system. This Company also issues Non-forfeiting Tontine Limited-Endowment Policies, which offer valuable features, including practical freedom of action with respect to occupation, residence, and travel, after two years. The most recent form of Insurance ssued by this Company is the NON-FORFEITING FREE TONTINE POLICY, which includes the advantages of the Tontine principle of accumulation (securing valuable investment features, in combination with Insurance at low cost), guaranteed options at the end of Tontine periods, and perfect freedom, after two years, as to residence, travel, and occupation (except service in war). In case of death by reason of engaging in the military or naval service in time of war, the reserve value of the Policy will be paid. Under the 20-YEAR ENDOWMENT TABLE of this plan, an Annual Payment of £59. 6s. od. will secure, at age 35, a £1000 Policy, with the guarantee that if death occur within the 20 years, the £1000, together with the total amount of premiums actually paid, will be payable to the beneficiary. Should the Insured survive the 20 years, a Cash Payment of £1000, together with the Tontine Surplus (an illustration based on results of Tontine Policies now maturing would give £719 Surplus), will be payable by the Company on surrender of the Policy; or, if preferred, an Annuity for Life or a Paid-up Policy can be arranged for. Under the WHOLE-LIFE TABLE of this plan, an Annual Payment of £30. 125. od. will secure, at age 35, a £1000 Policy, with the guarantee that if death occur within the 20 years, the £1000, together with the total amount of premiums actually paid, will be payable to the beneficiary. Should the Insured survive the 20 years, the entire Cash Equity (an illustration based on results of Tontine Policies now maturing would give £685 Cash Equity) can then be withdrawn on surrender of the Policy to the Company; or, if preferred, an Annuity for Life or a Paid-up Policy can be arranged for. Illustrations at any age for these plans, or for 15-year Tontine Policies, can be obtand on application. ANNUITIES. This Company grants ANNUITIES upon more favourable rates than British Companies, the higher rate of interest obtained by their investments in first-class American securities enabling them to do so. CHIEF OFFICE FOR GREAT BRITAIN AND IRELAND: 76 & 77, CHEAPSIDE, LONDON, E.C. J. FISHER SMITH, General Manager; From whom Prospectus, containing full information, can be obtained. |