Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1855-1856

ADVERTISEMENTS
155
That the Investments for the Life Policy-holders now amount to £1,382,108.
And as evidence of the advantage to Families of Life Assurance,
That the Company has disbursed, among 2,943 Claimant^, from 1808 to the close
of 1851, the sum of £2,476,897, of which a very considerable proportion was
for Additions, under the system pursued by this Company.
Amongst the advantages offered by the Company to the Public are the following,
viz. : —
That the Charges for carrying on this Branch of the Company's business are very
moderate.
That the Interest and Dividends on the Life Fund are invested for the sole benefit of
the Policy-holders, and, in like manner, the Profits arising therefrom after the
Quinquennial Valuations, without any deduction whatever.
The following Table shows the total additions made to Life Policies for £1,000, effected
in London or through an Agent in Great Britain, which had been in force for the Thirty-
three Years ending at Christmas, 1849 : —
Date of Policy.
Age at Com-
mencement.
Annual
Premium.
BONUS.
Gross
Additions
to the Sum
Assured.
Equivalent to the fol-
lowing per Centage
on the Premiums paid
to the Company.
£ s. d.
£
£ s. d.
Dec. 25, 1816.
25
24 10
609
76 15 2
Ditto.
30
26 14 2
657
74 10 10
Ditto.
35
29 18 4
719
72 16 7
Ditto.
40
34 19 2
817
72 18 1
Ditto.
45
38 19 2
975
75 16 9
Ditto.
50
45 6 8
1217
81 7
Ditto.
55
53 3 4
1676
95 10 6
Ditto.
60
63 13 4
2243
106 15 2
Equivalent Reductions have been made in the future payments of Premium, where
the parties assured have desired to have the amount of Bonus so applied.
FIRE DEPARTMENT.
The Company undertakes the Assurance of Property in the Manufacturing, Agricul-
tural, and other districts, on favourable terms. Risks of extraordinary hazard on special
agreement, upon survey.
An Allowance for the Loss of Rent of Buildings rendered untenantable by Fire, is one
of the advantages offered by the Company.
The Assured are entitled to wirticipate in a Surplus-Fire-Premium-Fund every fifth
year. ™
The Office Proposals and Forms for Assurance on Lives or against Fire, with full par-
ticulars explanatory of the constitution, &c, of the Company, may be obtained at the
Office in London, or of any of the Company's Agents in the principal Cities and Towns
of the United Kingdom.
HENRY DESBOROUGH, Secretary,
Committee op Proprietors Acting for the Company
IN GLASGOW,
And by whom Policies of Assurance are granted :
ALEXANDER DUNN, Esq. of Dnntocher.
A. STEPHENSON DALGLISH, Esq., Merchant.
WILLIAM MIDDLETON, Esq., Merchant.
ANDREW MUTER, Esq. of Milton.
WILLIAM CARRICK, Esq., Secretary.
AGENTS FOR THE COMPANY IN GLASGOW.
MESSRS. WILLIAM CARRICK & SON, VIRGINIA BUILDINGS-