Previous Index Next

 

ABSTRACT OF STATEMEXTS.   91

ASSESSMENT SYSTEM.

 

AMOUNTS of Life Insurance terminated in Natural Course or by Surrender and Lapse among Assessment Life Companies in Canada, during the Year 1896.

Amount terminated by

Companies.

Surrender,

Death.   Expiry or lapse.

Total
Terminated.

Canadian Companies.

8   8

8

Catholic Mutual Benefit Society    

181,000   594,500

775,500

Colonial Mutual    

8,500   476,500

485,000

Commercial Travellers' Mutual Benefit Society    

21,000   66,000

87,000

Home Life association    

2,000   571,250

573,250

Independent Order of Foresters (Canadian business)   

378,854   3,692,546

4,071,400

Provincial Provident Institution    

68,500   785,100

853,600

Woodmen of the World    

30,000   408,000

438,000

Total for 1896   

689,854   6,593,896

7,283,750

"Total for 1895   

279,900   4,058,700

4,338,600

A neerican Companies.

Covenant Mutual    

42,875

867,250   910,125

Mutual Reserve Fund    

279,500

2,749,500   3,029,000

Massachusetts Benefit Life Association    

127,478

1,835,762   1,963,240

Total for 1896    

449,853

5,452,512   5,902,365

*Total for 1895    

367,800

4,405,380   4,773,180

RECAPITULATION.

 

Canadian companies..   ..   .   

689,854

6,593,896   7,283,750

American   do    

449,853

5,452,512   5,902,365

Total for 1896   

1,139,707

12,046,408   13,186,115

Total for 1895    

647,700

8,464,080   9,111,780

* The totals for 1895 do not include the business of the Independent Order of Festers for that year


Previous Index Next