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

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ADVERTISEMENTS.
THE MONARCH
FIRE AND LIFE ASSURANCE COMPANY.
ESTABLISHED IN 1835, AND EMPOWERED BY SPECIAL ACTS OF PARLIAMENT.
SUBSCRIBED CAPITAL, £300,000,
In addition to the individual responsibility of a highly numerous and respectable
Proprietary.
HEAD OFFICE, ADELAIDE PLACE, LONDON BRIDGE.
129 ST. VINCENT STREET, GLASGOW.
JOHN SMITH, AGENT.
DIRECTORS,
( Who are each large Shareholders,)
SIR JOHN MUSGROVE, Bart, and Alderman, Chairman.
JOHN K. HOOPER, Esquire and Alderman, Deputy-Chairman.
WILLIAM SCHOLEFIELD, M.P.
C. S. BUTLER, Esq., M.P.
JOHN ADDIS, Esq.
JOHN DUDIN BROWN. Esq.
J. G. HAMMACK, Esq.
Actuary, J. T. CLEMENT, Esq.
WILLIAM KNOTT, Esq.
JOHN LAURIE, Esq.
ROBERT MAIN, Esq.
FRANCIS WITHAM, Esq.
EDWARD HUGGINS, Esq.
Manager, GEORGE H. JAY, Esq.
Medical Adviser for Glasgow, William Weir, Esq., M.D.
THE success which has attended this Institution, arising from its extended connec-
tions, and the safe and liberal principles on which it is founded, has fully equalled, if
not surpassed, that of any similar Establishment.
FIRE DEPARTMENT.
Property of every description is insured at Rates and Conditions as advantageous as
those of any Office ; and all claims for loss are promptly and liberally settled. Insur-
ances for Seven Years charged as only for Six. Transfers made without expense or
trouble to the Assured. Foreign Risks accepted.
LIFE DEPARTMENT.
In this Department the Premiums have been calculated on the lowest scale con-
sistent with the fair interests of the Company.
No charge made for Entry-money beyond the cost of the Stamp.
This Company being established on the principle of Mutual Benefit, every Proprietor
must Insure his own Life.
Assurers have the option of sharing in the Profits, and one-half of the Premium may
remain unpaid for the first five years, at interest at five per cent, per annum. The
Profits are divided every five years to Parties Asssured for the whole term of life. The
last declaration of Profits averaged 28 per cent, on the Premiums paid.
Cash advances will at all times be made on Policies, proportioned to their required
value.
Claims arising on Life Policies are payable within three months after proof of death.
Annuities and Endowments Granted.
SPECIMENS OF ANNUAL PREMIUMS TO INSURE £100 AT DEATH.
Age.
Without Profits.
Age.
With Profits.
20
£1 12 8
20
£1 17
25
1 18 3
25
2 2 6
30
2 5 3
30
2 8 4
35
2 12 6
35
2 15 4
40
3 8
40
3 3 10