Annals, Anecdotes and Legends: A Chronicle of Life AssuranceFrancis, John, of the Bank of England
History
Annals, Anecdotes and Legends: A Chronicle of Life Assurance
Francis, John, of the Bank of England
Life insurance
In due time the unhappy man died; the insurance money was claimed by
the widow, and paid by the insurers. The household was broken up, and
the widow came to England. For a few years she lived in great luxury,
indulging expensive tastes on the money she had received, until only a
few hundred pounds were left in the hands of her bankers. Being a woman
of such remarkable beauty, it is somewhat surprising that she had not
married a second time in accordance with the extravagant and voluptuous
tastes, which her residence in the East had engendered. Instead of
this, she formed an acquaintance with a young man of inferior position;
a proposal of marriage followed, and she induced him to offer his life
for insurance, undertaking to pay the premiums out of her own funds.
The banker with whom her money was lodged was amazed when he heard what
she was about to do, and made some inquiries of an old East Indian, who
was then in England, concerning her former life. The replies of this
gentleman, although cautious, were sufficient to point the lady out as
a very doubtful character; and whether, on this, a hint was given to
the intended bridegroom is uncertain, but that gentleman declared off;
and the condition of the insurance not being complied with, the dark
purpose was foiled. A few months after other offices were applied to,
with proposals for an insurance on the life of a young relative of the
same lady, accompanied by a reference to the gentleman who acted as
her banker. Inquiries were necessarily instituted as to the reasons
for insuring, but no sufficient cause could be shown. It was found,
too, that she had no money to pay more than one insurance; and, coupled
with the reports which were afloat concerning her first husband’s
death, a very dark purpose was assigned to her present movement.
Awkward questions were raised--information was received, which pointed
to her as the poisoner of her husband, and to the Indian servant as
an agent in the infamous deed. A prompt negative was given to her
application for insurance; and whether conscience aroused her to a
sense of her frightful position, or whether she saw her way to success
on the continent or in India, is uncertain. She drew her money from
her agents, and disappeared for ever from the society in which she had
glided like an incarnation of evil.
Public-domain text, read in full here on John Shaqi.
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