Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1853-1854

158
ADVERTISEMENTS.
THIS SOCIETY grants every variety of Policies on any number of Lives, and to any
amount, for which the payments can be made by such arrangements as may be
most convenient.
BY A VALUABLE NEW PRINCIPLE, originated by this Office, Policies
effected in it do not become void, through the temporary inability of its Assurers to
pay a premium ; as permission is given, upon application, to suspend the payment, at
interest, according to the conditions detailed in the Society's Prospectus.
The rates of Endowments granted to young lives and of Annuities to old lives are
liberal.
Creditors and Borrowers can insure their Debts with special advantages in this
Society.
Partners in Firms can increase their available Capital by the aid of a special
Life-Assurance Policy.
Specimens of Kate of Premium for Assuring £100, with a share in three-fourths of
the profits: —
Age 17 - £1 14 4 I Age 27 - £2451 Age 37 - £2 18 6
"22 - 1 18 8 | " 32 - 2 10 8 |" 42 - 3 8 2
BONUS declared at the first Division of Profits, 31st December, 1849.
A Valuation of the Society's Assets and Liabilities was made at the close of its
first financial period, on the 3lst December, 1849; and, after setting aside an ample
reserve fund, a Bonus was allotted to the Assured out of their share in three-fourths of
the net profits. The result is highly satisfactory ; and, when the moderate rates of pre-
mium charged by this Society are compared with the very high payments usually
required for the same amount of Policy, the Bonus here allotted will be found to be very-
advantageous.
The following Specimens will serve as illustrations of this point : —
Original
Annual
Amount now
Amount Assured.
Premiums.
Bonus.
Assured.
£
£ s. d.
£ s. d.
£ s. d.
A. B. 1842, age 23
2,000
39 15
137 3 8
2137 3 8
C. D. 1842, age 34
1,000
26 15
75 15 6
1075 15 6
E. F. 1843, age 26
3,000
64 14 6
185 2
3185 2
&c.
&c.
&c.
&c.
&c.
A second Division of Profits will take place at the close of the year 1854, of which,
Parties Assuring their Lives by the Society's Table 2, will be entitled to
three-fourths, or Seventy-five per cent., without Partnership liability, as in
Mutual Offices.
All necessary Forms, with every information as to the mode of effecting Assur-
ances, may be obtained, either by letter or personal application to the Actuary,
ARTHUR SCRATCHLEY, M.A.,
3 Parliament Street, London ;
or to
NEIL JOHNSTON, Esq.,
288 Buchanan Street,
AGENT FOR GLASGOW AND ITS VICINITY.
Now ready, price 10s. 6d., Second Edition, much enlarged, of the
TREATISE ON BENEFIT BUILDING SOCIETIES, FREEHOLD LAND
SOCIETIES, TONTINE SOCIETIES;
With Rules and Tables for the above, and for EMIGRATION and COLONIZATION
SOCIETIES. By ARTHUR SCRATCHLEY, M.A.
London : John W. Parker, 445 West Strand.