Notes and Queries, Number 189, June 11, 1853: A Medium of Inter-communication for Literary Men, Artists, Antiquaries, Genealogists, etc.Various
History
Notes and Queries, Number 189, June 11, 1853: A Medium of Inter-communication for Literary Men, Artists, Antiquaries, Genealogists, etc.
Various
Questions and answers -- Periodicals
FIVE BONUSES have been declared: at the last in January, 1852, the sum of
131,125l. was added to the Policies, producing a Bonus varying with the
different ages from 241/2 to 55 per cent. on the Premiums paid during the
five years, or from 5l. to 12l. 10s. per cent. on the Sum Assured.
The small share of Profit divisible in future among the Shareholders being
now provided for, the ASSURED will hereafter derive all the benefits
obtainable from a Mutual Office, WITHOUT ANY LIABILITY OR RISK OF
PARTNERSHIP.
POLICIES effected before the 30th of June next, will be entitled, at the
next Division, to one year's additional share of Profits over later
Assurers.
On Assurances for the whole of Life only one half of the Premiums need be
paid for the first five years.
INVALID LIVES may be Assured at rates proportioned to the risk.
Claims paid _thirty_ days after proof of death, and all Policies are
_Indisputable_ except in cases of fraud.
Tables of Rates and forms of Proposal can be obtained of any of the
Society's Agents, or of
GEORGE H. PINCKARD, Resident Secretary.
_99. Great Russell Street, Bloomsbury, London._
* * * * *
UNITED KINGDOM LIFE ASSURANCE COMPANY: established by Act of Parliament in
1834.--8. Waterloo Place, Pall Mall, London.
HONORARY PRESIDENTS.
Earl of Courtown
Earl Leven and Melville
Earl of Norbury
Earl of Stair
Viscount Falkland
Lord Elphinstone
Lord Belhaven and Stenton
Wm. Campbell, Esq., of Tillichewan
LONDON BOARD.
_Chairman._--Charles Graham, Esq.
_Deputy-Chairman._--Charles Downes, Esq.
H. Blair Avarne, Esq.
E. Lennox Boyd, Esq., F.S.A., _Resident_.
C. Berwick Curtis, Esq.
William Fairlie, Esq.
D. Q. Henriques, Esq.
J. G. Henriques, Esq.
F. C. Maitland, Esq.
William Railton, Esq.
F. H. Thomson, Esq.
Thomas Thorby, Esq.
MEDICAL OFFICERS.
_Physician._--Arthur H. Hassall, Esq., M.D.,
8. Bennett Street, St. James's.
_Surgeon._--F. H. Tomson, Esq., 48. Berners Street.
The Bonus added to Policies from March, 1834, to December 31, 1847, is as
follows:--
Sum | Time | Sum added to | Sum
Assured. | Assured. | Policy | Payable
| +--------------------+ at Death.
| | In 1841. In 1848. |
---------+----------+---------+----------+----------
L | | L s.d.| L s.d.| L s.d.
5000 | 14 years | 683 6 8 | 787 10 0 | 6470 16 8
* 1000 | 7 years | - - | 157 10 0 | 1157 10 0
500 | 1 year | - - | 11 5 0 | 511 5 0
* EXAMPLE.--At the commencement of the year 1841, a person aged thirty took
out a Policy for 1000l., the annual payment for which is 24l. 1s. 8d.; in
1847 he had paid in premiums 168l. 11s. 8d.; but the profits being 21/4 per
cent. per annum on the sum insured (which is 22l. 10s. per annum for each
1000l.) he had 157l. 10s. added to the Policy, almost as much as the
premiums paid.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account