Food : a brief account of its sources, constituents and uses / A. H. Church.

  • Church, A. H. (Arthur Herbert), 1834-1915.
Date:
1889
Catalogue details

Licence: Public Domain Mark

Credit: Food : a brief account of its sources, constituents and uses / A. H. Church. Source: Wellcome Collection.

    270/280 (page 4)
    THE CORPORATION OF THE SCOTTISH PROVIDENT INSTITUTION. HEAD OFFICE: 6 ST. ANDREW SQUARE, EDINBURGH. LONDON: 17 KING WILLIAM STREET, E.C. THIS SOCIETY combines the advantages of Mutual Assurance with Moderate Premiums. The PREMIUMS are so Moderate that an Assurance of jffnoo or ^£1250 may generally be secured from the first for the same yearly pay- ment which would elsewhere assure (with profits) ^1000 only—the difference being equivalent to an immediate and certain Bonus of 20 to 25 per cent. The Whole PROFITS go to the Policyholders, on a system at once safe and equitable,—no share being given to those by whose early death there is a loss to the Common Fund. The effect of reserving the Surplus for the survivors has been that—in addition to the above immediate advantage—the earlier Policies had at last Investigation received reversionary Bonuses of 40 to 70 per cent, and upwards. Further additions will fall to be made at end of 1887. Examples of Premiums for £100 at Death—With Profits. Age Payable during Life. Limited to 21 Payments. Age. Payable during Life. Limited to 21 Payments. Age Payable during Life. Limited to 21 Payments. 21 £1 10 3 £2 10 6 31 £2 2 6 £2 16 2 41 £2 16 8 £3 9 2 22 1 16 9 2 11 0 32 2 3 5 2 17 1 42 2 IS 8 3 11 1 23 1 17 2 2 11 6 33 2 4 0 2 18 0 43 3 0 11 3 13 1 24 1 17 7 2 12 1 34 2 5 7 2 19 0 44 3 3 3 3 15 3 25 1 18 0 2 12 6 35 2 6 10 3 0 2 45 3 5 9 3 17 6 26 1 18 6 2 13 0 36 2 8 2 3 1 5 46 3 8 5 4 0 0 27 1 19 2 2 13 6 37 2 9 8 3 2 9 47 3 11 5 4 2 S 28 1 19 11 2 14 1 33 2 11 3 3 4 3 48 3 14 8 4 5 8 29 2 0 8 2 14 8 39 2 12 11 3 5 9 49 3 18 1 4 8 9 *30 2 1 6 2 15 4 t40 2 14 9 3 7 5 50 4 1 7 4 12 1 * Thus, a person of 30 may secure 6'coo at Death by a yearly payment during life of £20 : 15-t. This Premium in any other of the Scottish Mutual Offices would secure £800 only, instead of £1000. OR, if unwilling to burden himself with payments during his whole life, he may secure the same sum of £ 1000 by twenty-one yearly payments of £27 : 13 ; 4—being thus free of payment after age 50. The usual non-participating Rates differ little from these Premiums. t At age 40 the Premium ceasing at 6° is, for ,61000, ,633 : 14 : 2. about the same as most Offices require during the whole of life. Before that time the policy will have shared in pt least one division. The New Business (entirely home) has for many years exceeded a Million. The Expenses are much under those of any Office doing so large a New Business. The FUNDS (increased in year by £341,000) exceed £6,000,000' Only Two Offices in the Kingdom, both older, have as large a Fund. ■ The Increase of the Funds in last five years exceeds that of any other Office. The Society has taken a leading part in the removal of restrictions and grounds of challenge. The rules relating to foreign residence, revival of Policies, early payment of claims, etc., are specially liberal. The Surrender Values (given in accordance with an original fixed Table) “ compare favourably with those of other first-class Offices. Reports containing Tables of Rates may be had on application. JAMES WATSON, Manager. December, 1887. J. MUIR LEITCH, Loudon Secretary.