Towns > Aberdeen > 1858-1912 - Post Office Aberdeen directory > 1902-1903

SCOTTISH PROVIDENT
INSTITUTION.
EISTABLISHED 1837.
}{€aD Office— j(o. 6 St. yinDrcw Square, €Dinburgh.
Mutual Assurance. Moderate Premiums.
THE PREMIUMS are so moderate that, at usual
ages for Assurance, £1,200 or £1,250 may generally
be secured from the first for the Yearly Payment
which in most Offices would assure (with Profits)
£1,000 only— the difference of £200 or £250 being
equivalent to an immediate and certain Bonus of 20
to 25 per cent. ^.^lo'eX"-?^^
THE WHOLE SURPLUS goes Vto) the Policy-
holders on a system at once safe and equitable — no
share going to those by whose early death there is a
loss to the common fund.
Over 65 per cent, of the Policies which became
claims by death during 1901 were entitled to Bonuses
which, notwithstanding that the Premiums do not
as a rule exceed the non-profit rates of other
Offices, were, on the average, equal to an addition
of considerably over 50 per cent, to the Original
Assurances.
Accumulated Funds exceed £12,000,000.
ABERDEEN BRANCH - - 166 UNION STREET.
Inspector of Ag-encies (Korthern District), EDWARD TENNANT.
JAMES D. MACKIE, Local Secretary.