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

184
ADVERTISEMENTS.
PROVIDENT LIFE OFFICE
No. 50 REGENT STREET;
CITY BRANCH— No. 2 ROYAL EXCHANGE BUILDINGS, LONDON.
ESTABLISHED 1806.
POLICY-HOLDERS' CAPITAL, £1,285,443.
ANNUAL INCOME, £164,442 BONUSES DECLARED, £960,000.
Claims paid since the establishment of the Office, £2,452,124.
PRESIDENT.
THE RIGHT HONOURABLE EARL GREY
Benjamin Oliveira, Esq., M.P., F.R.S., Chairman,
Frederick Squire, Esq., Deputy-Chairman.
Henry B. Alexander, Esq. Thomas Maugham, Esq.
Henry Blencowe Churchill, Esq. Apsley Pellatt, Esq., M.P.
George Dacre, Esq. George Round, Esq.
William Judd, Esq. The Rev. James Sherman."
Sir Richard D. King, Bart. The Rev. Isaac Spencer.
The Hon. Arthur Kinnaird, M.P. | William Henry Stone, Esq.
Managing Director — John A. Beaumont, Esq.
Secretary— John Hoddinot, Esq.
PHYSICIAN,
John Maclean, M.D., F.S S, 29 Upper Montagu Street, Montagu 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 them 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 (subjpct 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 OF PREMIUMS BY THE SURRENDER OF BONUSES.
Date, of
Policy.
Sum
Insured.
Original Premium.
Bonuses added subsequently,
to be further increased.
180G
1811
1818
£2500
1000
1000
£79 10 lOExtinguished.
33 19 2 do.
34 16 10 do.
£1875 9 9
484 6 6
114 18 10
EXAMPLES OF BONUSES ADDED TO OTHER POLICIES.
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 by a letter, addressed " To the Agent of the Provident Life
Office" in any of the prircipal towns throughout the United Kingdom, or " To the
Directors, 50 Regent Street"
AGENT IN GLASGOW,
Mr. ROBERT GOW, Jun., 71 Queen Street.