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NJ. Mutual Benefit Life Insurance Co., 1867 .90 I/U Scrip Dividend, Fine-VF

$ 8.38

Availability: 100 in stock
  • Restocking Fee: No
  • All returns accepted: Returns Accepted
  • Refund will be given as: Money back or replacement (buyer's choice)
  • Item must be returned within: 14 Days
  • Return shipping will be paid by: Buyer

    Description

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    Description
    NJ. Mutual Benefit Life Insurance Co., 1867 .90 I/U Scrip Dividend, Fine-VF. New Jersey. Issued and Uncancelled Scrip Dividend, No 35478. The Mutual Benefit Life Insurance Company was a life insurance company that was chartered in 1845 and based in Newark in Essex County, New Jersey, United States. The company was headed by Frederick Frelinghuysen (1848–1924). The company was known as the "Tiffany" of insurance companies, a reference to its reputation as the life insurance company to the upper classes. Mutual Benefit Life was taken into receivership for rehabilitation by the New Jersey Department of Banking and Insurance on July 16, 1991, after losses in an overheated real estate market led to a run by policyholders, who ultimately lost the purported "cash value" that had been said to have accrued in their policies. At the time, the collapse was the largest ever of an American insurer. AMEV acquired the group life, accident and health insurance Mutual Benefit in 1991. SunAmerica acquired the remaining divisions in 1998. Effective June 14, 2001, Mutual Benefit was liquidated and dissolved.
    Payment
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    Shipping
    Shipping: .50 Insured in the U.S. only
    Price will be reduced based on value and size of item (s)
    Overseas: .50 Registered Mail
    (We will combine purchases)
    About Us
    PLEASE CONTACT US BEFORE GIVING NEGATIVE DETAILED SHIPPING FEEDBACK IF THERE IS ANY QUESTION OR ISSUES WITH SHIPPING PRICES. WE ARE NOT TRYING TO MAKE MONEY ON SHIPPING, SO IF YOU FEEL THE PRICE IS UNFAIR, PLEASE LET US KNOW.
    WE STRIVE TO OFFER EXCEPTIONAL SERVICE AND HOPE TO HAVE YOU AS A REPEAT BUYER. IF THERE IS ANYTHING WE CAN DO TO SATISFY YOU WITHIN REASON, WE WILL MAKE OUR BEST EFFORT TO ACCOMPLISH THIS.
    THANK YOU FROM THE TEAM AT ARCHIVES INTERNATIONAL
    Contact Us
    Feel free to reach out to us if you have any questions.
    Phone Number: +1 (201) 944-4800
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