The Scandia Life Insurance Company is organized on a co-operative basis. The profit goes to the policyholders in the form of the lowest life insurance premiums in Chicago.

The Company was started in 1905 with a capital of $1,000,000. Since then insurance has been taken out for $13,000,000.

The Company's representative in Chicago is Mr. Peter Horslev, of 5925 Aberdeen Street. Last month he sold twenty thousand dollars' worth of insurance for his company.