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i/xxxviii Insuran ce Companies.
THE PROTESTANT DISSENTERS' AND GENERAL
LIFE AND FIRE ASSURANCE COMPANY.
15, GEORGE STREET, EDINBURGH, & 62, KING WILLIAM STREET, LONDON.
EDINBURGH LOCAL COMMITTEE..
Chairman, James Douglas, Esq. of Cavers.
Deputy-Chairman, William Wemyss, Esq., Deputy Commissary-General.
W. Alexander, Esq., one of the
Magistrates, Leith
A. C. Dick, Esq., advocate
Charles Dick, Esq., hrewer
J. Marshall, Esq., Leith
A. Megget, Esq., merchant
George Meigle, Esq., merchant
J. Patterson, Esq., S.S.C.
J. Peddie, junior, Esq., W.S.
Ralph Richardson, Esq. mercht.
W. Oliphant, Esq., late Master of
the Merchant Company
Wm. Somerville, Esq., Dalmore
George Wilson, Esq., clothier
Offices 5 Charles s P enc e, S.S.C, 15, George Street, Agent for Edinburgh.
•F ' \ Alexander Dick, writer, 153 Queen Street, Agent fur Glasgow.
Agencies are established in the principal towns throughout the country.
FIKE ASSURANCES are effected on reasonable terms.
Transferences from other Offices occasion no expense or trouble to the parties.
The amount of business done, evinces the public confidence in the Company.
Their Fire Insurances cover property in value about FIVE MILLIONS.
The Capital Sums on LIVES in three and a half years, amount to Three Hundred and Three Thou-
sand Pounds.
PELICAN LIFE INSURANCE OFFICE.
LOMBARD STREET, AND 57, CHARING CROSS, LONDON;
AND No. 14, GEORGE STREET, EDINBURGH.
Matthias Attwood, Esq., M.P.
William Stanley Clarke, Esq., F.R.S.
John Coope, Esq.
William Cotton, Esq., F.R.S.
Sir William Curtis, Bart.
William Davis, Esq.
James A. Gordon, Esq., M.D.F.E.S.
DIRECTORS.
Hugh Hammersley, Esq.
Sir Wm. Heygate, Bart, and Alderman.
J. Petty Muspratt, Esq.
William Samler, Esq.
.George Shum Storey, Esq.
Charles Hampden Turner, Esq.
Matthew Whitting, Esq.
Horatio Lillie, Secretary.
THE system of Life Insurance in this Country has assumed such importance, that to enlarge on
its advantages would be altogether superfluous. The British Public have, happily, been long
familiar with a scheme, which, by a small annual sacrifice, secures from poverty the children and
relatives of persons whose incomes are wholly or chiefly dependent on their lives — which is capable
of a very useful application to marriage settlements — and which is eminently calculated to give sta-
bility to a vast variety of important transactions. It is not wonderful, that a plan, which embraces
so many beneficial objects, should have powerfully engaged the public attention, and mixed itself,
widely and intimately, with the whole business of life.
The Pelican Life Insurance Company has, for upwards of forty years, held a distinguished
rank among the numerous establishments connected with these great purposes. The confidence the
Directors have so long enjoyed, they are naturally ambitious to retain. They have accordingly in-
stituted a careful enquiry into the business of tl; j ofice since the establishment of the Company in
1797; and, principally upon this experience, they have constructed an entirely new table of rates,
which they now submit to the Public.
In addition to the table already alluded to, which offers as low a rate of premium as the Directors
believe to be consistent with the security of the assured, they have, in consequence of the strong
bias manifested by the Public to the system of a return of premium or addition to the policy, con-
structed another table at a somewhat higher rate of premium ; the assurers under which will form a
distinct branch of the Company's business, to commence from the 3d day of July 1840 — and the
Directors propose thenceforth at the end of every seven years, after a valuation of the outstanding
risk in this class, and after a reasonable deduction for charges and management, to return to the
then holders of policies, on this scale of premium, not less than a moiety of any surplus that may
then appear, to be ascertained and apportioned by the Directors; and, thereupon, the holders of
policies for whole life which have been in force five years, or which shall be afterwards continued
till they have been in force for that period, shall, at the option of the assured, (to be declared at the
time of effecting the insurance,) be entitled to have the sum that at each septennial valuation may
be appropriated to their respective policies, applied according to either of the rules following, viz. :—