THE 



(ORGANIZED 1845.) 



PURELY MUTUAL. DIVIDENDS AMUALLY. 



346 & 348 Broadway, New York. 

 MORRIS FRANKLIN, WILLIAM H. BEERS, 



President. Vice President and Actuary. 



Assets, January 1, 1883, over $5O,OOO,OOO 



Surplus, " " " " 10,000,000 



Income, 1882, nearly - . - 12,OOO,OOO 



THE NEW YORK LIFE INSURANCE COMPANY has been in business for 

 thirty-eight years. It has issued over 170,000 policies, and received over $109,000,000 

 in premiums. It has paid over $26,400,000 in death claims, and over $41,000,000 to 

 living policy-holders. The amount of assets still held in trust for policy-holders is over 

 $50,800,000. Its interest earnings have therefore paid all expenses of management, and 

 placed over $9,000,000 to the credit of policy-holders. 



The condition and prospects of the Company are such as to give the best possible 

 guarantee to incoming policy-holders. About one-fifth of its entire assets is surplus by 

 the State valuation of its policies. Its funds are so well invested that its interest earn- 

 ings average nearly six per cent, per annum, and only a very small percentage remains 

 due and unpaid at the close of the year. In 1882 interest receipts exceeded death-claims 

 by over $800,000. 



The liberality of the Company toward policy-holders has been a marked feature in 

 its management. It originated non-forfeiture policies in 1880, and this featuae, since 

 adopted in some form by all other companies, and enacted into law by State Legislature, 

 saves millions of dollars to policy-holders every year. The NEW YORK LIFE'S 

 policies are notable for their freedom from VEXATIOUS AND DANGEROUS RESTRiCTioNS r 

 and, in the settlement of losses, nothing is allowed to invalidate a claim except OBVIOUS 

 FRAUD. 



Every approved form of policy issued on the purely mutual plan. The Company 

 has no stockholders, but is managed in the interest of policy-holders alone, and the sur- 

 plus is divided among them exclusively. 



I An in in.- the "TONTINE INVESTMENT POLICY" of the NEW YORK LIFE INSURANCE COMPANY. 

 It combines advantages not obtainable in any form of annual investment. 



Under the conditions of the contract SMALL SUMS of money afford the LARGEST POSSIBLE CASH RETURNS. 

 Estimates made, and book showing "Actual Results," free, on application. 



WM. L. HILL, } (No. 417 Pine Street, 



FRANK BLOCK, General AgentS ' ST. LOUIS. 



