Counties > Clackmannanshire > 1877-1887 - Lothian's annual register for the County of Clackmannan

THE CORPORATION OF THE
SCOTTISH PEOYIDENT INSTITUTION.
HEAD OFFICE— 6 ST. ANDRE^r SQUARE, EDINBURGH
SHORT STATEMENT OF PRINCIPLES,
THIS SOCIETY differs in its j)riiiciples from any otlier Office.
Instead of cliarging rates admittedly higher than are
necessary, and afterwards returning the excess, or a portion
of it, in the shape of Periodical Bonuses, it gives from the tirst
as large an Assurance as the Premiums will Mdth safety bear —
reserving the Whole Surplus for those who live long enough
to secure the Common Fund from loss.
A Policy for £1200 to £1250 may thus in most cases be had
for the Premium usually charged for £1000 only ; while, by
rese'vingtliQ surplus, large additions may be ex^Dected on the
Policies of those who live to particiijate. In a few cases,
Policies sharing at the whole four divisions have already
been doubled.
ITS TEPvMS are thus well calculated to meet the require-
ments of intending Assurers. They are speciall}^ adapted to
the case of Provisions in Family Settlements, where it is of
importance to secure, for the smallest present outlay, a com-
petent provision, of definite amount, in the case of early death.
THE NEW BUSINESS
Of the last two years averaged £1,100,000 per annum.
The Accumulated Funds now exceed £2,750,000.
ExamjDles of Annual Premiums for £100 at Death (with Profits).
35 i 30 35
40
45 50
Payable during life. .
Lmtd. to 21 payments
2 12 612 15 4130 2
£2 14 9
3 7 5
£3 15 9 £4 17
3 17 6 4 12 1
* A Person of 30 may thus secure £1000 at Death, by a yearly pajanent,
DURING LIFE, of £20, 15s. ' Or, by T-\vEXTY-o>"E yearly payinents of £27 13s 4d,
being thus free of payment after age 50.
At age 40 the Premium " Ceasing at age 60," is, for £1,000, £33, 14s 2d.,
being about the same as most Offices require to be paid during the whole
term of life.
Full Statements of Principles will he found in the
Annual Reports.
JAMES WATSON, Manager.
Edinburgh, Deer. 1876.
Agent in ALLOA, - - ALEXANDER MONTE ATH, Banker.