The Stranger's Handbook to Chester and Its Environs: Containing a short sketch of its history and antiquities, a descriptive walk round the walls, and a visit to the cathedral, castle, and Eaton Hall.Hughes, Thomas
History
The Stranger's Handbook to Chester and Its Environs: Containing a short sketch of its history and antiquities, a descriptive walk round the walls, and a visit to the cathedral, castle, and Eaton Hall.
Hughes, Thomas
Chester (England) -- Guidebooks
The Justice and Liberality of its Principles, and their suitability to
the wants of the Public, have obtained for it a large and rapidly
increasing business; and it may fairly be considered one of the most
flourishing and successful institutions of modern date.
_The Policies_, _being_ INDISPUTABLE, entail no trouble or inconvenience
to the survivors.
PERSONS ASSURED IN THIS OFFICE HAVE THE FOLLOWING PRIVILEGES:
Every Member has a right to vote in the Election of Directors and
Officers, by which means the Assured possess full control over the
management and affairs of the Society.
Annual publication of Accounts, which are audited by Public Accountants,
who are in no way interested in the Society.
No advantage is taken of a Member’s temporary inability to pay the
Premium, as the Society will, on application, advance the required amount
as often as the value of the Policy will admit.
No charge made for Policy Stamp, Entrance Money, or Medical Fees, nor is
any other payment required beyond the Premium.
Should a Member fall into difficulties, or be otherwise totally unable to
continue his payments, he would not, as in other Offices, lose all he had
paid in, but would have a fresh Policy granted to him, FREE FROM ANT
FURTHER PAYMENTS, and equivalent to the sum he had paid.
Annual distribution of Bonuses.
The Funds of the Society are employed in granting Loans to Members on
approved Personal or other Security.
_Members are entitled to deduct the Premiums paid to this Society in
making their returns for Income Tax_.
* * * * *
SPECIAL NOTICE.—Policies effected on the participating Scale before the
31st of December next, will be entitled to a Bonus, to be declared after
the close of the present year, when a valuation of the Society’s assets
and liabilities will be made. Extract from Directors’ Report of
September 6, 1855:—“The Deed of Constitution enacts that, at the close of
the year 1856, a valuation of the assets and liabilities of the Society
shall be made, with a view to determine the amount of BONUS to be awarded
to the Proprietors and Policy-holders; and if the same favourable rate of
mortality continues to prevail, the result of this investigation cannot
fail to be of the most highly satisfactory character.”—January 1, 1856.
FIRE COMPANY: Capital, £250,000 Sterling.
_Fully Subscribed by a Numerous_, _Influential_, _and Wealthy
Proprietary_.
THE FOLLOWING ARE AMONG THE MOST PROMINENT FEATURES OF THIS OFFICE.
I. Instead of making a small return to the Insurers at intervals of Five
or Seven Years, this Company will return ANNUALLY FIFTY PER CENT. of the
PROFITS, the advantage of which is felt as the renewal Premiums become
due, virtually making a large reduction from future Payments.
II. NO CHARGE for POLICIES when the sum insured amounts to £300.
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.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account