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LIFE INSURANCE COMPANIES.

 

411

NORTH AMERICAN LIFE—Concluded.

Amount.

15,779,385

00

Policies in force at beginning of year    

No.

10,598

Policies issued during the year    

2,603

3,554,960

00

Policies terminated as above    

1,006

1,490,491

29

Policies not taken of this and last year's issue    

242

323,600

00

Policies reduced in amount and cancelled    

26,083

71

Policies in force at date of statement    11,953

17,494,170

00

Number of insured lives at beginning of year    9,945

Number of new insurers during the year    2,576

Number of deaths during the year among the insured   70
Number of insured whose policies have been terminated during

the year otherwise than by death    1,244

Number of insured lives at date of statement    11,207

BUSINESS DONE OUTSIDE OF CANADA.

 

(Included in foregoing Statement.)

 

LIABILITIES OUTSIDE OF CANADA.

Reserve on policies    $ 43,779 00

INCOME OUTSIDE OF CANADA.

Premiums    $   8,639 55

EXPENDITURE OUTSIDE OF CANADA.

Death claims paid during the year    Nil.

MISCELLANEOUS.

 

Number of policies reported during the year as taken outside of

Canada    8

Amount of said policies    $ 10,500 00

Number of policies become claims during the year    None.

Policies in force at beginning of year    

110

$   233,915

00

Policies issued during the year    

9

12,000

00

Policies cancelled by surrender    

1

1,000

00

Policies not taken    :    

1

1,500

00

Policies in force at end of year    

117

243,415

00


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