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Insurance Companies.
329
NORWICH UNION
LIFE AND FIRE INSURANCE SOCIETIES.
CHIEF OFFICE FOR SCOTLAND, 31 PRINCES STREET, EDINBURGH.
BOARD OF MANAGEMENT.
Sir Henry Jardine, Chairman
John Ferrier, Esq., W.S.
John Craig, Esq
Alex. Wood, Esq., Advocate.
Alex. Scot, Esq., W.S.
William Dallas, Esq., W.S.
Cashiers, The Royal Bank. Surgeon, Sir William Newbigging,
Secretaries to the Board, Messrs Jardine, Stodaet, and Eraser, W.S.
LIFE SOCIETY,
ACCUMULATED CAPITAL, UPWARDS OF L. 1,600,000.
THIS Society is founded on the Equitable principle of Mutual Guarantee, the whole bene-
fit of its business being enjoyed by the Members in the form of Bonuses, added perio-
dically to the sums insured. The Premiums (under 45 years of age) are nearly ten per cent
below the usual rates.
Persons insuring with this Society thus obtain an immediate advantage in the lowness of
its rates, besides the ultimate benefit of its successive periodical additions to their Policies,
arising from the division of the surplus Capital. Three Septennial Bonuses have already been
declared, amounting respectively to L.20, L.24, and L.25 per cent on the amount of Pre-
miums deposited — the calculation, in each case, being made upon the whole Premiums paid
from the date of the Policy.
The present income of the Society exceeds L. 150,000 per annum, and the new Policies
now issuing are in the proportion of eight hundred annually.
The subjoined list (exhibiting a few of the earlier Policies, with the additions thereto) will
serve to show the practical operation of the principle of the Society.
Number
Sum Insured
First Bonus
Second Bonus
Tliird Bonus
Total Claim on the
Society
477
L. 1,000
L.74 8
L.193 8
L.3I0
L.1577 16
1259
1,000
59 16
197 15
337 2 6
1594 13 6
1745
2.000
66
264
467 17
2797 17
2470
.3,000
26
254 I)
496 17 6
3777 13 6
3589
4,000
465
1050 3
6514 5
The Insured are permitted, without any extra charge, to visit any part of Europe situate
between the Elbe and Brest, and no extra payment is demanded in name of Entry-money, or
to defray expenses of management.
Thus the Norwich Union Society, in present economy and in prospective advantage, is
fully equal to any similar establishment in this kingdom.
FIRE SOCIETY.
CAPITAL, L.550,000.
This Institution is wholly distinct from the Life Society, and transacts every description
of Fire Insurance business on the most liberal terms. The fulfilment of its engagements is
guaranteed by a numerous and opulent proprietary, and the insured, who are free from all
responsibility, participate with the shareholders in the profits. The last Dividend paid was
at the rate of 10 per cent.
Expenses incurred by the removal of Goods, in case of fire, will be defrayed in proportion
to the amount insured.
Losses by fire occasioned by lightning will be made good.
No charge is made for endorsements or alterations.
Tables of rates, and all other information, may be had at the office of the Societies, or of
any of the Agents in Scotland.
JARDINE, STODART, & PHASER,
Agents.
Norwich Union Office,
^1, Princes iStre^t, Edinburgh, 1st May 1839.

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