Towns > Edinburgh > 1838-1846 - Post-Office annual directory and calendar > 1843-44

670
INSURANCE DIRECTORY.
[^A^ational Loan Fund Life Assurance Society— Continued.']
DEFERRED ANNUITIES DEPARTMENT.
By the plan exclusively developed by this Society, a Deferred Annuity combines and ex-
ceeds the benefits heretofore only obtained by separate investments in Savings Banks, Benefit
Societies, and Loan Banks. A small yeai'ly or weekly contribution will secure the most ample
return for after life. Thus, L.2, 12s. per annum (Is. per week) at 20 will, at Q5, give the
policy-holder the choice of an Annuity for life of L.47, 16s. 6d. ; L.394, 1 Is. in cash ; or Po-
licy, without further contribution, of L.466 at death. Other periods of life (of 50, 55, and 60)
may be also taken, with similar advantages. Two-thirds payments lent at any time on deposit
of Policy, and two-thirds returned in case of premature death.
The great advantages of the Society's " Loan Fund," particularly in the Deferred Annuity
department, have been conspicuously manifested during the misfortunes of last year; many
parties having availed themselves of its benefits to the preservation of Policies which would
otherwise have lapsed, as v/ell as to secure accommodation when it was most needed.
The Central Board for Scotland establishes Agencies in communication with itself, to whom
Proposals are transmitted, by whom Policies issued, and Claims settled. Applications for
Ao-encies to be made to, and Prospectuses, Reports, and information obtained from
° R. W. JA]\IESON, W.S.
Agent and Secretary to the Central Board for Scot Ian d.
Office, 67, New Buildings, North Bridge,
Corner of Princes Street, Edinburgh.
Provincial Agencies.
Aberdeen, Messrs Nisbet and Robert-
son, Insurance Brokers.
An7ian, Ben. Nelson, Banker.
Arbroath, B. M. Kennedy, Arbroath
Guide Office.
Dundee, J. W. Alexander, writer.
Dunfermline, Wm. Finlayson, merchant
Dunkeld, James Seaton, writer.
Dunblane, T. P. Knox, writer.
Kinross, Hugh Laird, banker.
Loclcerbie, John Baird, banker,
Markinch,Fife,..J. G. Stuart, Balgonie Mills.
Perth, Robert Martin, writer.
Stirling, John Sawers, banker.
At the Society's Fourth Annual Meeting, on 10th May 1843, the Directors' Report exhi-
bited the continued success and steady progressive increase of the Association. Its Policies
now amounting to 2145.
The Directors having also made an investigation, the result enabled them, after appropriat-
ing a sufficient sum in extinction of preliminary expenses, to recommend a Bonus to the Po-
licy-holders. This Bonus is equal to 55 per cent on Annual Premiums as a reversionary
addition to the Policy — 17J per cent, in Present Cash, or 10 per cent. Permanent Annual
Reduction on future premiums. The following examples will suffice to explain this : —
The sums already paid on Policies amount to L.21,018, 18s., being on .S2 Policies.
The Bonus to the Proprietors is nearly equal to seven and a half on the Stock invested.