Barrie Historical Newspaper Archive

Barrie Examiner, 1 Mar 1928, p. 7

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METROPOLITAN L: svlfich` may come early. before one's dependents have been provided for. A ccident always sudden ind often causing lessened earning power. Death Sickness _ ` V which may cause want as well as sgifferirgg. % Dependent. Old Age which must seek charity .if4 self-sup-v portis no longer poseible. Un\employ`menth n which may bring` distresr to others in "addition to the one unemployed. Annuities for old age." protection in case of death. accident or sickness -- almost every financial require- ment can now be met by insurance. 1 It has been in this house` fifty years. `You can t find another piece lihe ' it. This, ladies and gentlemen,` is genuine! What am! offered. for it ? h These old treasures are going for.a song. Give me arbid; ; > = 4 --As theauctioneer rattles on, the neighbors think of the old days of- i g entertairlment and open hospitality in that house. They wonder how long the proud and lonely mistress has been fighting off the inevitable. -President. NEW YORK The Metropolitan Lifeelnsurance Company is .: no stock and no stockholders. `Its wealth is own WHILE pi presenting our Annual Statement showing Assets of $2,388,647,636 l-i-- 2 Billion, 388 Million Dollars -`- representing savings and investments of 25 million people in the United States and Canada, the Metropolitan Life Insurance Company desires to make` clear what a life insurance company can i do; what it should do and what, so "far, it has been unable to do toward meeting what have been called the five great hazards of life: V Amt: . . . .-` : : Liabilities ' Statutory Reserve - - - ` Dividends to Policy- . holders payable 1928 . ' -All other liabilities \ .: Unassigned Funds . _ Illlsl vuuv -an Juurwvvw ---__-- 1927 - . - . . . . Income in'1927 ; - Gain in income, 1927 .. .. Paid-for Life Insurance Issued Increased and Re-3 vived in 1927 5 -~ - - Total Bonuses and` D-ivi-`v dends to Policyholders . from 1892 to and includ- . ingms . ; ; . . lnsrsass in Assets during Ordinary lnaurance - . - Industrial Insurance `Spre- . minma payable wee y or monthly) - . -. . . Group Insurance - Total Insurance Outstandz lI`II_,\Il'l:II payable wuuuy or V s5,s77,4ss,37s.oo - . $1,768,398,187.00 Total Outstand- ing - - - -.$14,803,785,790.00 Number of Policies 1:; Force - 40,166,107 (Including 1,154,888. Gmup Certirmtes)` Amount expended dur'ng the years 1 09-1927' inclus'v fo Welfare work in all De`partment| and ?)iviaiona $74,51:,29; I 1636 IQ! IIIII uu;nuu- was . - s_371,91s,295.4s Life Insurance; Outstanding Fiscal Report to Policyholders % for Year Ending December 31, 1927 _CCjIVD`C j Third Vice-Prsident and "for Canada} _ s2,3ss,s4'I,s3s.32 s2,os`e,41o,s39.oo $8,286,637.58 392.583.792.86 , $141 ,366,566.88 _-_- A - 4.`. an 7*-*--V z35l;i.s2 $2.834,7s,73s.oo s7,1s7,92,22s.oo HENRY E. NORTH, s2so,643,251.o2 s651,oss,5ss.43 355.472.082.55 mce .a mutual organization. It has is owned solely'by its` policyholders. THE IARRIB EXAMINER Business issued in 1927 - - Ordinary - - - - - - - Industrial P - - - - - - Group-_------ Increase over 1926 of - - - Business in force at end of 1927 - Ordinary - - A - - _ -' - Industrial - - - - - - Group-------- Increase over.1926 of - - - Investments in `Canada - - -. Dominion Government Bonds Provincial 8: Municipal Bonds _ All other lnvestments - - - Increase over 1926 of - - - Policies`in forcein Canada - _ - lncrease.over1926 of - - - Payments to Canadian Policy- liolders in 1927 - - - - .- Ilvutwuv --- _v- Increase over i96 o-f The Metropolitan leads in Canada as it does in the world. ' In Canada: $194,948,664 $9 1,544,576 $76,417,689 $26,986,399 $26,086,641 $769,114,229 $394,962,388 $326,336,071 $47,815,770 $64,202,874 $153,194,442 $43,773,331 $50,826,712 $53,589,397 $15,424,306 2,457,977 118,073 $11,530,367 $1,431,360 Not best because the biggest, but biggest because the best FREDE_l3IC_K H. ECKER; Only one problem is still unsolved- unemployment insurance and that only because legislation permitting it has so far been refused. The day must come when every family can and will plan tomeet every one of the five great hazards so that none. of its members will ever face the need of charity. The United States and Canada pay higher wages than other coun- tries. Nearly all their workers earn enough to provide for both present and future needs. If they will but plan ahead they may have in their years of retirement, not merely bare existence, but real comfort. Thousands of those interested in life insurance have asked how the family income should be expended. Send for our Home Budget Booklet which tells how much should be spent for neces- sitier-food, housing, clothing, fuel-and how much should be laid aside for protection. It will be mailed free. CANADIAN HEAD OFFICE Vice-President. OTTAWAI Biggesch/the?wsr1a; More Assets, More Policyholdefrs,` More` Insurance in Iirce, A` Mf)"|_.'_e~N_`eyv", Ivr'|sur;;IricWeeach year; l`h'uro uy. Mini`! '1, ma. - HOME \ OFFICE `

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