Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1874-1875

THE QUEEN INSURANCE CQMFAm-^onHmued,
IMPORTANT ADVANTAGES IN LIFE DEPARTMENT.
Policies granted on a Special Reduced System.— in order to meet the views of
persons desirous of effecting insurances for the whole term of life, who find it inconvenient at first to
pay the full Premium, this Company has adopted a special scheme^ whereby the Premiums payable for
the first _;?wf years will be found umisiially inoderate, while the Policy, at the end of that period, is
entirely free from debt, thus avoiding the evil of the half-credit system. Under this Table persons may
take out Policies at earlier ages, and at lower rates, than they could do under the ordinary system..
An additional and most important advantage is thus afforded to the public, by which they are enabled
to insure while young ; whereas, if they were to defer doing so until they could pay the full ordinary
Premium, sickness or ill health might overtake them, and render them unassurable lives.
Policies Indisputable after being Five Years in Force.— All ordinary Queen Policies
(without exception) on which the age of the assured has been admitted, will, at the end of five years
from their date, be absolutely indisputable, the only condition being the punctual payment of the
Premiums with any extra Premium that may be exigible for foreign residence in cases where whole
world license may not have been obtained.
Non-Forfeiture of Policies by the Issue of Free Paid-up Policies —if a person,
after having been assured for three years under the ordinary Whole Life Scale, at any age up to and
inclusive of fifty-five, should wish to discontinue paying his Premiums, the Directors will issue a Policy
for the amount of Premiums paid, together with any Bonus that may have been added, and ir&^ from any
further payment whatever. This feature secures net only a provision in the event of preraacure death,
but a remedy — long desired— 'si\o\i\A the payment of the Premium become an inconvenience.
Charges of Management. — The Outside Expenditure for the General Management of the
Company, chargeable to the Life Department, is absolutely restiicted by the Deed of Settlement to
Ten per Cent, of the Nett Life Income. Attention is especially called to this point, as the proportion
of Premiums expended for Management 7nust largely injlueuce Profits and Borises.
Bonuses have been declared by the Company averaging 40 and 46 per cent, of the Premiums paid
bj' the Assured, and in some instances rising as high as 75 per cent.
Annuities, Endowments, Reversions, &c., granted on the most favourable terms.
FIRE DEPARTMENT,
Insurances against Fire may be effected with the Queen Insurance Company on nearly every
description of Property, both at Home and Abroad. , The rates of Premium are moderate, vary
according to the nature of the Risks.
Mercantile Insurances of every description undertaken at the usual rates.
Gas Explosion and Lightning.— Losses by Explosion of Gas and by Fire arising from.
Lightning made good.
Transfer of Policies to the Queen may be effected without expense or trouble to the
Assured.
Losses promptly and liberally settled.
Prospectuses and ex'ery i7ifo7-maimi may be obtained on application to any of the Company s
Agents, or to the
HEAD OFFiCES FOR SCOTLAND-
4 NATIONAL BANK BUILDINGS, QUEEN STREET, GLASGOW,
Resident Scottish Managers— WLTCYi^lA., WATSON, & WINK,
Chartered Accountants and Stockbrokers.
Resident Secretary— }0\i'Si CARS WELL. 7