Towns > Edinburgh > 1838-1846 - Post-Office annual directory and calendar > 1838-39

Insurance Companies. ' S25
CALEDONIAN INSURANCE COMPANY,
INCORPORATED BY ROYAL CHARTER.
FOR
ASSURANCE ON LIVES AND SURVIVORSHIPS,
PURCHASING AND GRANTING ANNUITIES,
CONFERRING ENDOWMENTS,
AND FOR INSURANCE AGAINST FIRE.
ESTABLISHED IN 1805.
No. 13, Bank Street, Edinburgh ; 51, Dame Street, Dublin ;
AND No. 8, Wellington Street, Southwark, London.
DIRECTORS,
Dr P. Neill. I John Maxton, Esq. I Alex. Low, Esq.
Sir Henry JardJne, K. R. | Adam Anderson, Esq. I Andw. Sceales, Esq.
Adam M'hite, Esq. I James Baxter, Esq. j W. Henderson, Esq.
John Sawers, Esq. | Robert Smith, Esq. | Thos. Johnston, Esq.
H. D. Dickie, Manager, John Moinet, Secretary,
Law Agent — John Archibald Campbell, Esq. C.S.
Medical Officer — Dr Henderson, Hill Street.
Manager for Ireland — Christopher Fiffe, Esq., Dublin.
LIFE DEPARTMENT.
'■'' HE Caledonian Insurance Cojipany offers to the Public the security of an ample subscribed
-*- capital, as a Guarantee Fund, together with all the advantages resulting from a participation
of profits on the mutual Assurance Plan without risk, while, for the convenience of those who prefer
a certain future benefit at a low rate of Premium, the Company grants Policies without participa-
tion either for the whole period of life, or for short periods at corresponding rates of Premium. In
both, the rates are fixed as low as is deemed consistent with safety, and it is provided that, at the
expiration of the first ten years, and afterwards of every seventh year, the Profits shall be ascer-
tained by a careful investigation, and that four-sixths thereof shall be apportioned to Bach Policy of
five years standing, and upwards, entitled to participate, and that according to the number of years
such Policy has existed.
One-sixth is set aside as a guarantee fund for the Life Policy holders, and eventually, at periodical
investigations, apportioned among those entitled to participate, the remaining one-sixth is allotted
for the Proprietors of the Company, as a consideration for their having pledged their subscribed and
accumulated capital in addition to the profits of the Life Department, as a farther guarantee to Policy
Holders.
Payment of Premium may be made Yearly, Half-yearly, or Quarterly.
The Holders of Policies on the life of another are protected in the event of the party whose life is
insured dying by duelling or suicide.
Liberal advances made upon Policies effected with the Company.
A fair price given to parties who wish to surrender their Policies.
No charge made for Entrance-Money. These advantages are not exceeded by the terms of
j:ven the most favoured establishment, either for security or liberality.
FIRE DEPARTMENT.
The Company insures property of every description on the most reasonable terms. A duty of 3s. per
cent is payable to Government on all property insured against fire, with the exception of Agricultural
Stock, which is now exempt from Duty.
Prospectuses, with Tables of Rates for both Fire and Life Insurance may be obtained by applying
at the Head Office, No. 13, Bank Street, Edinburgh, No. 51, Dame Street, Dublin, No. 8, Welling-
ton Street, Southwark, London, or at any of the Agencies in Scotland, England, and Ireland.
Edinburgh, May, 1838.