SEVENTEENTH ANNUAL SESSION,

NORTH NEBRASKA CONFERENCE.

METHODIST EPISCOPAL CHURCH.

SCHUYLER. NEBRASKA. SEPT. 28-OCT. 3, 1898.

Contents,

(There was no table of contents provided in the book)

Security Mutual Life Insurance Co.,

FREMONT     -      NEBRASKA.

A Natural Premium Company.
Natural Premium Insurance (called also Flexible, Level and Stipulated Premium, and New Line) may be briefly described as a system of life insurance which provides for the payment of death losses by collecting in advance such sums for that purpose as is indicated by any Standard Table of Mortality (in this Company the American Experience Table at 41/2 per cent interest), and also collecting with its mortuary premium regular payments to a Reserve or Surplus Fund sufficient in amount to keep the premiums the same through the advancing years of life, and further providing for the collection of an emergency premium, to be used for mortuary, purposes only, in case of excessive mortality. This plan of insurance was practically unknown twenty years ago while today nearly one-third of the insurance carried in the United States is in companies doing business on this plan.

Features Common to All Our Policies:
Absolutely no restrictions after two years as to occupation. residence, travel, habits of life or manner of death. * * * Incontestable after two years, except for fraud and non-payment of premiums. The insured may designate at anytime whether he wishes the amount of the policy paid to his beneficiary in one sum, or what portion he desires paid at his death, the balance to be paid in such installments as he directs, such deferred payments to bear three per cent interest per annum. * * * In event of lapse. the policy may be re-instated at any time within one year, upon satisfactory proof of health.

Total Disability.
In the event of total permanent disability from accident, on request of the insured, one- half of the value of the policy will be paid upon rendition of satisfactory proof.

Our Special Option Policy
provides that after the policy has been in force five years, the policy will be carried by the Company with out further payment of premiums until the amount to the credit of the policy in the Surplus Fund is exhausted, after which the insured must resume his payments as before or the policy will lapse.
   If the above feature is not used, after premiums have been paid for ten full years, the amount to the credit of the policy in the Surplus Fund, that is, the difference between his payments on the Special Option plan and what his payments would have been on the Life Payment plan, will be added to the face of the policy at the death of the member.

Our Limited Payment, Non-Forfeitable Policies
provide that the policy becomes paid up; that is, no further payments are required of the insured after the expiration of the term selected, ten, fifteen, twenty or twenty-five years.
   After three full years' payments have been made the policy cannot lapse and become void, but the insured will be entitled to a paid up policy for an amount proportioned to the time he has paid.
   If the insured does not take advantage of the above condition, the policy will be carried without further payments for such time as the amount to the credit of the policy in the Trust Fund will pay the regular premiums at the Life Payment Rate.
   If the insured dies before the expiration of the term selected by him, there will be paid to his beneficiary, in addition to the face of the policy, an amount equal to his payments to the Trust Fund; that is, the difference between his payments on the term selected and what his payments would have been on the Life Payment plan.
   For rates and further information write the Home Office.

  Swept: 1 Mar 2000