Towns > Greenock > 1847-1912 - Post-office Greenock directory > 1895-1896

The Profit of a Mutual with the Security of a Proprietary Office
THE SCOTTISH LIFE
ASSURANCE COMPANY, LIMITED.
Head Office — Edinburgh, 19 St. Andrew Square.
Chairman— Sir ARTHUR MITCHELL, K.C.B., M.D.
Manager— DAVID PAULIN, F.F.A., F.R.S.E.
Actuary and Secretary— JAMES SORLEY, F.I.A.
LEADING FEATURES.
COMPLETE SECURITY WITH MODERATE PREMIUMS - LARGE
BONUSES— STRINGENT RESERVES- IMMEDIATE PAYMENT OF
CLAIMS— UNUSUAL NON-FORFEITURE PRIVILEGES-SPECIAL
TABLE OF LOW PREMIUMS :— Profit Policies at Non-Profit Rates.
At the Quinquennia! §nvestiig , a.tj©n and Division of Profits made
as at 31st May, 1891, Life Assurance Contracts were valued by the Institute"of
Actuaries (Hm) Table at 3^ per cent. Interest, on a strict Pure Premium basis ;
and a Vested Bonus Addition, was declared of £2 pet- cent, for each
year after the first that the •Policies' h£d been in force ; together with an
Intermediate Bonus of Si 5s per cent, for each additional year
completed by Policies becoming claims prior to the next Division of Profits.
This Intermediate Bonus also applies to New Policies.
ACCIDENT DEPARTMENT.
Assurance against Accidents of all kinds on Improved Principles.
Glasgow Office— 190 West George Street.
Resident Secretary— ROBERT BLACK.
Bgcnts for Greenock—
A. O. Leitch, 2 West Quay ; James Nicoll, 2 Bank Street ; and
William Low, 12 Forsyth Street.