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[NSTITUTEE
INCORPORATED
1848
â– MUTUAL • LIFE-ASSURANCE • WITH
^S -AVODERATE • PREAI U MS
The premiums are so moderate that, at usual
[ages for Assurance, £1200 or £1250 may be
j secured from the first for the yearly payment
WHICH IN MOST OFFICES WOULD BE CHARGED (WITH
PROFITS) FOR £1000 ONLY,— EQUIVALENT TO AN IM-
MEDIATE AND CERTAIN BONUS OF 20 TO 25 PER CENT. [
The whole PROFITS GO TO the policy-holders
ON A SYSTEM AT ONCE SAFE AND EQUITABLE — NO
SHARE GOING TO THOSE BY WHOSE EARLY DEATH I
THERE IS A LOSS TO THE COMMON FUND.
Fifty-Sixth
Annual Report
BEING FOR YEAR
1893.
NEW ASSURANCES
£1,124,700
PREMIUMS £602,550
INCOME £959,900
CLAIMS £410,100
MORE THAN HALF OF THE
MEMBERS WHO DIED IN
1893 HAD BONUSES AVER-
AGING CLOSE ON so PER
CENT OF THEIR POLICIES
WHICH PARTICIPATED.
THE FUNDS
EXCEED
Ql MILLIONS.
INCREASE IN YEAR £409,900 |
||THE ARRANGEMENTS AS TO SURRENDER, NON-FORFEITURE, FREE RESIDENCE, LOANS ON
POLICIES, AND EARLY PAYMENT OF CLAIMS, AND ALL OTHER POINTS OF PRACTICE, 1
ARE CONCEIVED ENTIRELY IN THE INTERESTS OF THE MEMBERS, THERE BEING NO
OPPOSING INTERESTS IN A MUTUAL SOCIETY. POLICIES, AS A RULE, ARE WORLD-
WIDE AFTER 5 YEARS, PROVIDED THE ASSURED HAS ATTAINED THE AGE OF 30.
EDINBURGH. 6 ST. ANDREW SQ. JAMES GRAHAM WATSON, Manager.
The distinctive system of
THE Institution is specially
suitable for assurances re-
quired for
Family Provisions
Marriage Settlements
And Partnership or
Other Business Arrangements
IAND FOR ALL CASES WHERE IT IS OF SPECIAL I
IMPORTANCE THAT THE PREMIUM BE MODERATE
AND AT THE SAME TIME SECURE RIGHT TO |
PARTICIPATE IN THE WHOLE SURPLUS.
Next Division of Surplus as at close of 1894
GLASGOW OFFICE: No. 29 ST. VINCENT PLACE.
WM. M. WISELY, Agent and Secretary.

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