Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1892-1893

THE EQUITABLE
Life Assurance Society of the United States.
TRUSTEES FOR GREAT BRITAIN AND IRELAND.
The Eight Hom. the EARL OF DENBIGH. | The Right Hon. the EARL OF KINTORE.
SIR JOSEPH C. LEE.
Who hold Securities for $500,000 (£100,000) in the Bank of England as special Security for policy-
holders in Great Britain and Ireland.
A. MUNKITTRICK, Jr.,. Esq., Manager, 81 Gheapside, London.
BANKERS.
THE BANK OF ENGLAND. | Messes. SMITH PAYNE & SMITHS.
Assets, January 1, 1892, --------- £28,374,691
Liabilities, 4 per cent, --------- 22,917,820
Surplus, ---- --- £5,456,871
New Assurance written in 1890, -------- 48,566,319
Outstanding Assurance, --------- £167,686,366
All profits divided among policyholders. Policies indisputable after two years from their date,
and world-wide after one year.
ENT POLICIES
ACTUALLY PAYING
5 PER CENT. INTEREST.
The following Table gives the actual results of 20-year and 15-year Policies taken out in 1872 and
J.877 on the Tontine plan of Assurance maturing this year, 1892 : —
Issued
at Age
Amount of
Policy.
Total
Premiums
Paid
in 20 Years.
Cash Value at
end of 20 Years.
Percentage to
Premiums Paid.
Paid-up
Policy Free.
Return to
Heirs
for each
£100 Paid.
37
60
£2000
5000
£1160
4850
£1412
6455
121.72
133.09
£2,560
9,000
£220
185
48
26
24
TWENTY YEAR LIMITED PAYMENT POLICIES-*
5000 I 5110 I 7525 | 147.26 | 10,850 | 212
TWENTY YEAR ENDOWMENT POLICIES. *
5000 I 4890 1 8065. | 164.92 | 19,000 | 388
FIFTEEN YEAR ENDOWMENT.
1000 I 990 I 1341 I 135.45 | 36,40 | 367
* Paid-up Insurance under these Tables is guaranteed after three years for one-twentieth for each premium paid.
Example of twenty limited payment policy for £1000. For every Premium paid, £50 is guaranteed by the
Society in paid-up assurance,— i.e., a person aged 25, having paid on a £1000 policy, £28 2s.X3=£84 6s., will be
guaranteed three-twentieths of £I000=a paid-up Policy for £150.
Prospectuses, giving results of Tontine experience, Forms of Proposals, and any other
information, may be obtained on application to any of the Society's Agents, or from
June 1, 1892.
HEAD OFFICE FOR SCOTLAND,
104 West George Street, Glasgow.