Towns > Edinburgh > 1838-1846 - Post-Office annual directory and calendar > 1842-43

9
The payments to cease at sixty or sixty-five, exceed, at most
ages, very little those for the whole term of life. Many people
are desirous to look forward to some period when their payments
may cease, and this object may be obtained by adopting one of
the scales now mentioned, by a very trifling addition to the pre-
mium for life.
Additions are made to the Policies in all the preceding classes,
and along with the first payment, an entry-money of V^s. per £100
is payable, hut may he remitted on the party giving up his right to
participate in the profits of the Society for one year. No additions
are made to the Policies in the following classes, nor is any entry-
money charged.
Table IV. contains the Annual Premiums during life for £100,
without additions, payable at death. This Table, calculated on
the assumption of a permanent Annual Bonus less than what may
be expected, has been framed with the view of meeting the few
cases where a smaU present payment is more desired than a future
addition.
Table V. combines the advantages of Insurance with provision
for advanced age. It contains a Table of Annual Premiums,
ceasing before a party attains the age of fifty-five, sixty, or sixty-
five, or at death, for £100, without additions, to be paid twelve
months after payment of the last Premium, should he reach the
ages mentioned, or six months after death, whichever happens
first. These Premiums are in some cases less than those for life,
for £100, with additions. Besides other advantages of this scale,
it would enable a party who had to give security for a debt, by in-
surance, to see the prospect of being relieved from the debt during
his lifetime.
Table VI. contains the Rates for temporary Insurances, for
one or seven years. This species of Insurance is adopted to secure
temporary loans, — to secure property which will fall to the indi-
vidual if he should survive a certain period, — sometimes by par-
ties who are making large profits, and wish to secure a certain
sum to their families in case of their death before they can realize