Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1865-1866

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Agent : JAMES Ii AMOK"T, National Bank, 174 Trongate.
^cottisi) aEttiobJS* iFuntj %iU Assurance .^octets.
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Tke Highly Profitable Character of the
Society's Policies
will be seen by comparing the Bonuses added to Policies of ;!^iooo
with the total amount of Premiums paid (age at entry 30), as in the
following Table : —
Per Centage of
Policy dated.
Bonuses as on page 2.
Premiums paid.
Premiums added
as Bonuses.
£ s. d.
£ s. d
1855
191 19 7
284 12 6
67-449
184s
417 IS 10
543 7 6
76-888
183s
729 4 2
802 2 6
00-909
1825
1034 5 10
1060 17 6
97-494
1815
1583 5 3
1319 12 6
119-977
TAus the original Sums Assured have been secured at very trifling out-
lay — THE GREATER PART of the entire premiums paid on Policies, even of
recent issue, having been added as Bonuses, while the whole, arid, in matty
instances, more than the whole, of the Premiums have been added as Bonuses.
Surrender Values are payable on Demand,
there being no interval of years, as in most other offices, during which
discontinuance of the Policy involves forfeiture of all the Premiwns paid.
The following are examples of Surrender Values of Policies of ;^iooo,
including Vested Bonus Additions for the number of years specified.
Age at entry being 35.
Duration of
Policy.
Premiums paid.
Surrender Value.
Per Centage of
Surrender Value on
Premiums paid.
I Year
10 Years
20 Years
30 Years
40 Years
45 Years
£ s. d
29 I 8
290 16 8
581 13 4
872 10
1163 6 8
1308 15
£ s. d
9 13 2
173 14
439 16 4
774 7 I
1 1 30 8 6
1448 2 2
33 per cent.
60 per cent.
76 per cent.
89 per cent.
97 per cent.
Ill per cent.
Facilities & Privileges.
1. Lapsed Policies. — When the premium is not paid within the thirty
days of grace, and the Policy is not renewed within the further period of
twelve months, a sum equal to the/«// Surrender Value is allowed.
2. Loans {not less than /50) are granted on security of Policies to any
amount covered by their " Surrender Value."
3. Claims are paid in full in any part of the United Kingdom, /r,?^ of
charge, on the simple receipt of the parties entitled thereto in virtue of the
Policy itself, or of Assignments, or under Enghsh, Irish, or Scotch Admmis-
tration granted in their favour.
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!, Agent : JAMES WOTHERSPOON, 40 Dunlop Street.
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