Towns > Aberdeen > 1858-1912 - Post Office Aberdeen directory > 1903-1904

MUTUAL ASSURANCE WITH MODERATE PREMIUMS.
SCOTTISH PROVIDENT
INSTITUTION.
"T" INSTITUTION. ,NC0 ™
head office-
No. 6 St, Andrew Square, Edinburgh.
THE PREMIUMS are so moderate that, at usual
ages for Assurance, £1,200 or thereby may generally
be secured from the first for the Yearly Payment
which in most Offices would assure (with Profits)
£1,000 only — the difference of £200 being equivalent
to an immediate and certain Bonus of 20 per cent.
THE WHOLE SURPLUS goes to the Policy-
holders on a system at once safe and equitable — no
share going to those by whose early death there is a
loss to the common fund.
SURPLUS AT LAST (1 901) INVESTIGATION AMOUNTED TO £1 ,581 ,000
More than 60 per cent, of the Members who
died during the Septennium were entitled to Bonuses
which, notwithstanding that the Premiums do not
as a rule exceed the non-profit rates of other
Offices, were, on the average, equal to an addition
Of oyer 50 per cent, to the Original Assurances.
Accumulated Funds exceed £12,500,000.
ABERDEEN BRANCH - - 166 UNION STREET.
Inspector of Agencies (Northern District), EDWARD TENNANT.
JAMES D. MACKIE, Local Secretary.