Army lists > Hart's Army Lists > New annual army list, and militia list > 1863

ESTABLISHED 1834.
UNIVERSAL LIFE ASSURANCE SOCIETY,
1, King William Street, E.G., London.
BRANCHES AT CALCUTTA, MADRAS, AND BOMBAY.
Subscribed Capital, £500,000.
Assets exceed £788,000.
Annual Income upwards of £125,000.
Empowered by Special Act of Parliament, C William IV,, c. 54.
FOR THE ASSURANCE OF LIVES AT HOME AND ABROAD,
INCLUDING THE MILITARY AND NAVAL SERVICES.
DIRECTORS.—C. D. Bruce, Esq., Chairman; John Farley Leitii, Esq.,
Deputy-Chairman; Augustus Bosanquet, Esq.; George Henry Brown, Er^q. ; The
Hon. James Byng; Ellis Watkin Cunliffe, Esq.; Herbert George Jones, Serjeant at
Law; William Kilburn, Esq.; Francis Macnaghten, Esq.; William Norris Nichol¬
son, Esq.; William Rothery, Esq.; Sir Macdonald Stephenson.
Auditors.—R. Hichens, Esq.; C. G. Grainger, Esq.; H. W. Ripley, Esq.
Bankers.—Bank of England, and Messrs. Currie and Co.
Solicitors.—Messrs. Cotterill and Sons, and Messrs. Parke and Pollock.
Physician.—G. Burrows, M.D., F.R.S., 18, Cavendish Square.
Secretary.—Michael Elijah Impey, Esq.
Actuary—Christian Child, Esq.
Consulting Actuary.—Peter Hardy, Esq., F.R.S.
After the operations of a quarter of a century, the Directors invite, with great confidence,
the attention of the public to the marked success which has attended this Society, and to
the strong claims it possesses to the confidence and support of all classes desirous of effect,
ing Assurances on Livef. Combining the advantages of a ^lutual and Proprietary Com¬
pany, and without attempting a rash competition with other offices, it has pursued a steady,
progressive course, affording all the benefits which, consistently with security to Assurers
and Assured, can possibly be given.
Upwards of £1,173,535 have been already paid in claims and bonuses.
The Tables of Rntes for residents in Europe have been prepared upon the most approved
principles, to ensure moderation and security.
Assurances can be effected with or without Participation in Profits ; on ascending or
descending scales; and for a limited number of payments.
The Society advance money on inortgage ; purchase reversions and life interests; and
grant loans on such securities and on deposit of their Policies.
An Annual Division of one-fifth of the profits is made, 75 per cent, of which is appro¬
priated to the Policy-holders, and 25 per cent, to the shareholders ; the remaining four-fifths
are set apart towards the average of succeeding years. The Assured can apply their
profits to the immediate reduction of their premiums, or as a bonus to the sum assured.
The last Annual Reduction of Premium amounted to 45 per cent.; so that a person
beinj,' assured for £1,000 at the age of 30 is now paying £13 8-. 7d., instead of ;£24 8?. 4d.
All Medical Fees and Stamps are paid by the Society.
INDIAN BRANCH.
The Universal was the first Assurance Society tliat secured to residents in India fixed
rates and the advantages enjoyed by those in Great Britain.
Separate tables for the Civil and Military Services were originally framed with the
utmost care from the records of the India House, and valuable statistical returns accessible
to this Society alone. To test tlieir adaptation to the present time, and to ascertain whether
any reduction could safely be made, they have recently undergone a minute and laborious
investigation by two eminent London actuaries, whose report has established their sound¬
ness and accuracy.
The attention of persons proceeding to India, and of residents there, is requested to a
peculiar and most important advantage offered by this Society, viz.—that on the return of
the Assured to Europe the premiums are reduced to the English scale corresponding
with the age when the Assurance was effected, WITHOUT REFERENCE TO THE
STATE OF HEALTH ON RETURN.
Tables of Rates and all further information will be furnished at the OfKce in London,
and by the Agents in India:—
Messrs. BRADDON and Co., Calcutta.
Messrs. BAINBRIDGE, BYARD, GAIR, and Co., Madras.
Messrs. LECKIE and Co., Bombay.
MICHAEL ELIJAH IMPEY, Secretary.
1, King Willjam Street, E.G., Dec., 1862.