London and Its Environs Described, vol. 6 (of 6): Containing an Account of Whatever is Most Remarkable for Grandeur, Elegance, Curiosity or Use, in the City and in the Country Twenty Miles Round ItAnonymous
History
London and Its Environs Described, vol. 6 (of 6): Containing an Account of Whatever is Most Remarkable for Grandeur, Elegance, Curiosity or Use, in the City and in the Country Twenty Miles Round It
Anonymous
London (England) -- Description and travel -- Early works to 1800; London (England) -- Gazetteers -- Early works to 1800
II. Houses, buildings, and goods in trust, and merchandize on
commission, (except as aforesaid) may be insured, provided the same
are declared in the policy to be in trust or on commission, but not
otherwise.
III. On bespeaking policies, all persons are to deposite 7_s._ 6_d._ for
the policy, stamp-duty and mark; and shall pay the premium to the next
quarter-day, and from thence for one year more at least, and shall, as
long as the managers agree to accept the same, make all future payments
annually at the said office, within fifteen days after the day limited
by their respective policies, upon forfeiture of the benefit thereof;
and no insurance is to take place till the premium be actually paid by
the insured, his, her or their agent or agents.
IV. The several heads of insurance are, 1. Common insurances, which are
buildings covered with slate, tile, or lead, and built on all sides
with brick, or stone; where no hazardous trades are carried on, or
hazardous goods and merchandize deposited. On such houses and goods,
any sum not exceeding 200_l._ is insured for 4_s._ _per annum_; any sum
from 200_l._ to 1000_l._ for 2_s._ _per cent. per annum_; and any sum
from 1000_l._ to 3000_l._ at 2_s._ 6_d._ _per cent. per annum_.
2. Hazardous insurances are either timber or plaster buildings,
containing goods and merchandize not hazardous; and in which no
hazardous trades are carried on: or brick or stone buildings wherein
hazardous goods are deposited or hazardous trades carried on. These
hazardous trades and goods are apothecaries, chemists, bread and
biscuit bakers, colourmen, ship and tallow chandlers, stable-keepers,
innholders, malthouses, hemp, flax, tallow, pitch, tar, and turpentine.
On such houses and goods this office insures any sum not exceeding
200_l._ at 6_s._ _per annum_: any sum from 200_l._ to 1000_l._ at 3_s._
_per cent. per annum_; any sum from 1000_l._ to 2000_l._ at 4_s._ _per
cent. per annum_; and any sum from 2000_l._ to 3000_l._ at 5_s._ _per
cent. per annum_.
3. Double hazardous insurances are thatch’d buildings, and goods and
merchandize therein; timber or plaster buildings, wherein hazardous
goods are deposited, or hazardous trades carried on; and also plate,
china, glass, or earthen wares, hay, straw, all manner of fodder, and
corn unthrash’d. Such houses and goods are insured upon the following
terms, any sum not exceeding 200_l._ at 10_s._ _per annum_; any sum
from 200_l._ to 1000_l._ at 5_s._ _per cent. per annum_; and any sum
from 1000 _l._ to 2000_l._ at 7_s._ 6_d._ _per cent. per annum_.
V. Any number of houses, out-houses, with goods or wearing apparel
therein may be insured in one policy, provided the sum insured on each
is particularly mentioned; but in all insurances the premium is to be
paid for even hundred pounds.
Public-domain text, read in full here on John Shaqi.
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