Towns > Edinburgh > 1805-1834 - Post Office annual directory > 1836-1837

308 Insurance Companies.
INSURANCE AGAINST FIRE,
INCORPORATED BY ROYAL CHARTER,
INSTITUTED A.D. 1720.
OFFICE, No. 48, NORTH BRIDGE STREET, EDINBURGH.
John Bonar, Esq. of Ratho, banker
James Hope, Esq. W.S.
John Tod, Esq. of Kirkhill, W.S.
Sir George Clerk of Penicuik, Bart
Walter Brunton, Esq. merchant
Ordinary Directors.
The hon. Lord Balgray
Adam Duff, Esq. Sheriff of the County
Sir John S. Forbes of Pitsligo, Bart., and
George Ross, Esq. Advocate.
This Incorporation divides, Septennially, the whole Profits amongst the Insured, who are guaranteed from
responsibility. A return of nine per cent was made on the Premiums received from Candlemas 1825 to
Candlemas 1832 ; and this, notwithstanding a more than average amount of Losses during that period.
The business of the Society has been gradually and steadily increasing since the adoption of the present
system of dividing the Profits ; and as the Losses during the current Seven Years will not, in all probability,
be above an average, the Assured have reason to anticipate a still more favourable result at the next investi-
gation.
All Town Risks of the First Class, Dwelling- Houses situated in the country, and Farm Steadings, are
taken as common insurances at Is. 6d. per cent. At the same rate of Premium, the Stock and Crop on
any part of a Farm may be insured in one sum, without the average clause ; and if preferred, the sum insured
may be allowed to decrease monthly or quarterly, whereby a considerable saving is effected by the Insured.
Friendly Insurance Office,
Edinburgh, 1st May, 1836.
LIFE ASSURANCE, ANNUITY, AND ENDOWMENT OFFICES,
Lombard Street, and Spring Gardens, London;
And No. 14, George Street, Edinburgh.
Matthias Attwood, Esq. M.P.
W. Stanley Clarke, Esq. F.R.S.
John Coope, Esq.
William Cotton, Esq. F.R.S.
Sir William Curtis, Bart.
William Davis, Esq.
Charles Hampden Turner, Esq.
Directors.
James A. Gordon, Esq. M.D.
Hugh Hammersley, Esq.
Sir William Heygate, Bart. Alderman.
John Petty Muspratt, Esq.
William Samler, Esq.
| George Shum Storey, Esq.
Matttiew Whitting, Esq.
Monkhouse Tate, junior, Secretary.
advantages offered by this company.
I [A very considerable reduction of Premium in the earlier stages of Life, so that L.1200 may be assured
for the same annual payments as are required by other offices for the insurance of L. 1000; thus securing at
the outset, and without the liabilities ot a partnership, a bonus equal to 20 per cent on the sum insured, in-
stead of waiting, as in mutual Insurance Companies, for deferred periods, to which, after paying higher rates
of Premium, the Insurer may never attain.
A large invested capital in the public funds, for the security of the assured.
Payment of claims three months after death.
Extension of time for payment of renewal Premiums to thirty days.
Permission to perso..s, not seafaring by profession, to pass by sea, in time of peace, from any part of
Europe to any other part, without paying any extra Premium, and without license of the Directors.
A tender of arbitration in all disputed cases.
Purchase of Policies on the most liberal terms, when the object of an Assurance has been effected, or in-
dividuals are unable to continue their annual payments.
Endowments on children attaining the ages of fourteen or twenty-one years.
Annuities granted on the most equitable terms, under a special Act of Parliament.
Board of Management for Scotland.
Sir Francis Walker Drummond, Bart. Adolphus M. Ross, M.D.
Archibald Anderson, Esq. Alexander Brodie, Esq.
Alexander Hunter, Esq. W.S. |
James Balfour, Secretary,