Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1854-1855

ADVERTISEMENTS.
*
191
PROVIDENT LIFE OFFICE,
No. 50 EEGENT STREET ;
CITY BRANCH— No. 2 ROYAL EXCHANGE BUILDINGS, LONDON.
ESTABLISHED 1806.
POLICY-HOLDERS' CAPITAL, £1,271,080.
ANNUAL INCOME, £159,540.— BONUSES DECLARED, £960,000.
Claims paid since the establishment of the Office, £2,340,962.
PRESIDENT.
THE RIGHT HONOURABLE EARL GREY.
DIRECTORS.
The Hon. Arthur Kissaied, M.P., Chairman.
The Rev. James Sherman, Deputy- Chairman.
Henry B. Alexander, Esq.
Henry Blencowe Churchill, Esq.
John Coupland, Esq.
George Dacre, Esq.
William Judd, Esq.
Sir Richard D. King, Bart.
Managing Director -
Thomas Maughan, Esq.
B. Oliveira, Esq., M.P., F.R.S.
Apsley Pellatt, Esq., M.P.
George Round, Esq.
William Henry Stone, Esq.
Frederick Squire, Esq.
-John A. Beaumont, Esq.
Secretary — John Hoddinott, Esq.
physician,
John Maclean, M.D., F.S.S., 29 Upper Montague Street, Montague Square.
No Charge for Policy Stamps or Medical Fees.
THE Rates of Premium are those adopted by the principal Life Offices ; the Rate
without Bonus is lower than that of most other Offices.
The Bonuses are added to the Policies, or applied to the reduction of Premiums.
Policies issued by this Office are purchased at their full value ; or Loans may be
obtained upon thein after they have been in existence five years.
If a party neglect to pay for the renewal of his Policy, he may repair the omission
any time within twelve months, upon proof of good health.
The Profits (subject to a trifling deduction) are divided among the Insured. The
plan upon which they are divided gives to each party insured a share proportionate
to the amount of the Premiums he has contributed.
In addition to this advantage which is now offered to the Policy-holders in this
Office, an annual addition or bonus is made to each Policy in anticipation of the
Quinquennial Division of Profits.
examples of the extinction op premiums by the surrender of bonuses.
Date of
Policy.
Sum
Insured.
Original Premium.
Bonuses added subsequently,
to be further increased.
1806
1811
1818
£2500
1000
1000
£79 10 10 Extinguished.
33 19 2 ditto.
34 16 10 ditto.
£1875 9 9
484 6 6
114 18 10
examples of bonuses added to other polices.
Policy
No.
Date of
Policy.
Sum
Insured.
Bonuses
added.
Total Sum payable, to which
future Bonuses will be added.
4405
4937
5486
1822
1824
1825
£5000
4000
999
£4126 5 5
3608 6
1102 2
£9126 5 5
7608 6
2101 2
When a personal application is attended with inconvenience, full particulars may
be obtained upon application \>y a letter, addressed . " To the Agent of the Provident
Life Office" in any of the principal towns throughout the United Kingdom, or " To
the Directors, 50 Regent Street.'"
AGENT IN GLASGOW,
Mr. ROBERT GOW, Jun., 71 Queen Street.