The rate of mortality experienced by the Company was the lowest for many years past, being 44.47 per cent. of the expected.
Disbursements to the companys policyholders during 1937, exclusive of policy loans, total U.S.$2,364,091, including U.S.$812,182 death claims, 1153349549 matured endowments. U.S$293,292 dividends to policyholders, U.S.$105,408 accident and disability claims and U.S.$803,660 cash values. Since organization of the company in 1906 the amount of be-befits distributed in cash to policyholders and their beneficiaries total U.S.$40,220,161.
Requests for surrenders and policy loans have been the lowest for many years past, and substantially lower than the previous year, which is indicative of continued' general improvement in business conditions
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