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

160
ADVERTISEMENTS.
The following Table shows the Additions,
as made at the periods above mentioned : —
.2 •
BONUS ADDITIONS.
Sum in
Date of Policy
prior to
||
Policy, and
Bonus
!»Ph
1835.
1840.
1845.
1850.
Total.
Additions.
£
£ s.
£ s.
£ s.
£ s.
£ s.
£ S.
Nov. 15, 1825
1000
137 10
200
262 10
273
873
1873
" ". 1826
1000
125
187 10
250
262 10
825
1825
" " 1827
1000
112 10
175
237 10
252
777
1777
" " 1828
1000 J 100
162 10
225
241 10
729
1729
" " 1829
1000 87 10
150
212 10
231
681
1681
" " 1830
1000 j 75
137 10
200
220 10
633
1633
" " 1831
1000
62 10
125
187 10
210
585
1585
" " 1832
1000
50
112 10
175
199 10
537
1537
" " 1833
1000
37 10
100
162 10
189
489
1489
" " 1834
1000
25
87 10
150
178 10
441
1441
" " 1835
1000
12 10
75
137 10
168
393
1393
" " 1836
1000
62 10
125
157 10
345
1345
" " 1837
1000
...
50
112 10
147
309 10
1309 10
" " 1838
1000
37 10
100
136 10
274
1274
" " 1839
1000
25
87 10
126
238 10
1238 10
" " 1840
1000
12 10
75
115 10
203
1203
" " 1841
1000
62 10
105
167 10
1167 10
" " 1842
1000
50
94 10
144 10
1144 10
" " 1843
1000
37 10
84
121 10
1121 10
" " 1844
1000
25
73 10
98 10
1098 10
" " 1845
1000
12 10
63
75 10
1075 10
" " 1846
1000
52 10
52 10
1052 10
" " 1847
1000
42
42
1042
" " 1848
1000
31 10
31 10
1031 10
" " 1849
1000
21
21
1021
" " 1850
1000
...
10 10
10 10
1010 10
i
According to the Tontine principle referred to, the measure of a Policy's claim for
Profits increases at each Division, so that the party who protects his family by a Life
Assurance has, at the same time, the benefit of participating in the profits of the busi-
ness, according to his survivorship, — that is, the length of time he continues connected
with the Institution.
The following cases, taken from the Books, will tend to illustrate the system : —
On 4th March, 1854, A. B. died at the age of 20, having effected an Assurance of £150
on 1st August, 1853, when in perfect health. The sum assured has been paid to the
representatives ; and it may be observed that only One Year's Premium of £1, 4s. 8d.
■was paid to the Company.
On 4th October, 1854, C. D. died, aged 32, having effected an Assurance on his life for
£300, on 14th November, 1853, when he was in excellent health. His payment to
the Company was £8.
These two cases show how complete and satisfactory such a provision is from the
moment of a policy being effected. The following cases will further illustrate the bene-
fits of the system with reference more particularly to Participation in the Profits: —
On 13th February, 1854, E. F. died, aged 64. He effected an Assurance on his life in
1828for £300
And there was added by the Company from the Profits 218 14
Making the sum paid £518 14
On 20th March, 1854, died G. H., aged 57. He effected an Assurance on his life in
1829 for £995
And there was added by the Company from the Profits 629 16 8]
Making the sum paid £1624 16 8
Such examples could be greatly increased by quotations from the books, but the above
cases are sufficient to illustrate the great benefits and advantages of the svstem.
WILL. THOS. THOMSON, Manager. ]
Edinburgh, 3 George Street. GEORGE TODD, Secretary.