Published by G. & C. MERRIAM, Springfield, Mass.


Assets, $7,250,000.Surplus, $1,500,000.

THE PENN MUTUAL
Life Insurance Company
OF PHILADELPHIA.

Purely Mutual. Incorporated 1847.


Has age and stability; is purely mutual, liberal, and progressive; solid and vigorous, wide-awake and well-managed; securities all first-class; estimates its liabilities upon the severest standard known to the law,—four per cent.; has a relatively greater surplus than others; and is a non-contesting company.


STATEMENT OF POLICY NOW IN FORCE.