Full text: On the value of annuities and reversionary payments, with numerous tables (Volume 2)

1-1 LIFE ASSURANCE OFFICES. 
participating scale, in the proportions indicated by the value of each 
policy respectively. The profits thus apportioned may be applied at 
the option of the parties, either in adding to the amount of their assur- 
ance such reversionary sum as may be equivalent to its share of profit, 
or in reduction of the premium thereafter payable on the policy. 
The remaining one-fourth is divided amongst the proprietors in pro- 
portion to the number of shares held by each. 
A table of premiums has been constructed at a somewhat lower rate 
than the participating one, to meet the views of persons desirous of se- 
curing only a certain fixed sum at their decease, or at the decease of 
any individual in whose life they are interested. z 
The society moreover affords the means of securing a provision during oor 
life or on attaining a given age : it also embraces both contingencies, 
and enables a person to provide a sum for himself on attaining a cer- mn 
tain age, or for his family should he die previously. = 
PROTESTANT DISSENTERS’. @ 
Mixed Company. Established a.n. 1839. 62, King William-street. 
One-tenth of the entire profits is appropriated by the deed of settle- he 
ment to reducing the premiums payable for assuring the lives of Dis- og! 
senting and Methodist ministers, or in other ways similarly beneficial to 
their families. 
A table of premiums for policies payable at the age of 60, suitable to oor 
the case of superannuated ministers, or of other professional men. : 
Two tables of premiums, the one giving an interest in the profits of Mr ¢ 
the Company, the other not. Th 
Every facility given on moderate terms to persons going beyond the ma 
prescribed limits of their policy. One 
Premiums may be paid either annually, half-yearly, or quarterly, in a third 
limited number of payments, or in one sum. nfo 
Loans advanced on policies of the value of £50, or policies purchased IN 
on liberal terms. dec 
PROVIDENT. : 
Mixed Company. Established a.n. 1806. Regent-street. ° 
The constitution deed of the Provident has determinately fixed the 
rule to be observed in the periodical allotments of surplus. At the end 
of every seven years from the foundation, a minute investigation ascer- by 
tains what may properly be termed profits; and such a proportion - 
thereof as the whole amount paid by the assured bears to the original wil ) 
deposit of the subscribers (without bringing to account the subsequent 
accumulations) belongs to those insured for the whole of life. in due pro- 
portions—the remainder to the subscribers. ™ 
These septennial dividends have gone on regularly increasing. The i 
fourth, which was declared in August, 1834, gave £40 per cent upon 2 
the premiums paid. Lo 
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