11.2 LIFE ASSURANCE OFFICES.
ticipating and non-participating rates. “Policy on a party’s own life
not vitiated by suicide, when it has been bond fide assigned.
HOPE.
Mixed Company. Established a.p. 1807. 6, New Bridge-street.
Bonuses of two-thirds of the profits are declared septennially, and
divided amongst the assured, in proportion to the sum assured and the
duration of the policy ; such bonuses are either payable with the sum
assured, or may be applied in reduction of the annual premiums.
IMPERIAL.
Mixed Assurance Company. Established a.p. 1820. Sun-court, Cornhill.
Participating and non-participating rates. Two-thirds of the profits
appropriated decennially amongst those entitled to participate.
On the 22nd of June, 1831, a bonus of £1 10 per cent per annum
on the sums assured was declared on policies for the whole term of
life effected on or before the 31st of January, 1827.
The present value of these additions may be received or applied in
reduction of annual premiums; or upon the whole policy being surren-
dered a new insurance for a less sum may be obtained without any
further premium.
b oT ‘Reduction in Premium
TES — New
Addition Present For For the Policy, |
gre] ony lms gett Bint whe cp
caly. Life. Premium
Ne ev £ TEM £
20 1000 21 15 10 150° ' 47.17 .7;5 18. 71.2: 1] 333
39 1000 26 14 2 150 58 0 | 713 61312 365 |
40 1000 3319 2 150 7110 1119 5 3] 5 5 2 400
50 1000 45 6 8 150 86 .4:9/11 15 3 7 16 0] 438
60 1060 63 13 4 150 102 17 8115 14 0:12 12 0! 3513
LAW LIFE.
Mixed Company. Established a.n. 1823. 187, Fleet-street.
Four-fifths of the profits are appropriated to the persons assured for
the whole term of life.
At the end of every seven years, the profits divisible amongst the
assured will be apportioned amongst such as shall have been so assured
for the space of three years or upwards previously to those periods re-
spectively, subject to the reservation of such a sum of money as the
directors shall deem necessary to be carried forward to the period of
the next septennial division for the beuefit of the assured. For the
amounts which shall be so apportioned, equivalent reversionary sums
will be added to the policies. - Policies granted on persons’ own lives not
p 7g