The Press.
London, England, 1854-11-04 00:00:00

NOVEgBER 4, 1854.

ANNUAL DIVISION OF PROFITS.

GREAT BRITAIN MUTUAL LIFE
ASSURANCE SOCIETY.
lA, WATERLOSTO-PLET ACE
MANCHEST. LONDON,
ER. and 30, BROWN-
RE,
Directors.
THE CHISHOLM, Chairman.
RICHARD HARTLEY KENNEDY, Esq., Alderman, Deputy-
. Chairman.
Colonel Michael E. Devoid. I William Morley, Esq.
Fumed* Brodigan, Eaq. Robert Francis Power, Esq.,
Alexander Robert Irvine, Esq. M.D.
. 4uhu luglie Jerdein, Eaq. Archibald Spans, Esq.
James John Kiuloch, Esq. Frederick Valiant, Esq.
Henry Lawson, Esq. Rev. F. W. J. Vickery.
This Society is established on the tried and approved principle
of Mutual Assurance. The funds are accumulated for the exclu-
• live benefit of the policy-holders, under their own immediate
superintendence and control. The profits are divided annually,
and applied in reduction of the current premiums. Po!Hey-
holders participate in profile after payment of live annual pre-
miums.

The Annual General Meeting of this Society was held on the
80th May, lest, when a Report of the business for the last year
was presented, exhibiting a statement of most satisfactory pro-
gress. It appeared that the assurances in 1853 considerably ex-
ceeded those effected in any previous year; the number of
policies issued being more than 460, and the annual income
thereon being upwards of 7,50‘11. It also appeared that, except
lu 1d49, when the visitation of the cholera took place, the claims
arising from deaths were, in every year, much below their esti-
mated amount.
The Members present at the Meeting were fully satisfied with
the Report, and resolved unanimously that a reduction of 314 per
cent. should be made in the current year's premium payable by
all policy-holders now entitled to participate in the profits.
Credit is allowed for half the Annual Premiums for the first
five years.
-

-
The following Table exemplifies the effect of the present re-
duction

Age when
Assured.

A nnual Prem.
originally paid.

lAllowance of
i
31; per cent.

Annual Prem
now payable.

A S.
20 17
25 13
23 18

A u. d.
6 11 6
8 1 8
10 19 8
lb 7 8
23 18 0

B. (1.
14 6 0
17 11 8
23 4
39 9 0
51 19 6

'SO
40
1.0
60

1,000
1,000
1,000
1,000

18 18
76 17

A. IL IRVINE, Managing Director.
14, Waterloo-place, London.

UNITED MUTUAL LIFE ASSURANCE
SOCIETY, 51, CHARING-CROSS.
Polkles Indisputable. No charge for Policy Stamps. Whole
Protits divided annually. Assurances on the strictly Mutual
principle. Invalid Lives assured at equitable rates.
THOMAS PRITCHARD, Resident Director.
NOTICE.-DIVISION OF PROFITS.-All
Personelassuring their Lives (on the Participating Scale)
in the P ROV I D ENT CLERKS' MUTUAL LIFE ASSURANCE
OFFICE, before the end of the present year, will be EN-
TITLED to SHARE In the next Quinquennial Division of
Profits to Dee. 21, 1857.
Bonuses paid iu Cash, or added to the Policy, or applied to
Reduee the Annual Premium, at the option of the assurer. The
great and continuous increase of business, and the extreme
favourable rate of mortality among their assurers, fully justify
the Board in confidently anticipating • still further improve-
ment upon the liberal amounts formerly declared by way of
bonus.
For prospectuses showing the peculiar advantages of the
Association, and for all further information, apply to the local
agents, or at the Chief °Moe, 15, Moorgate.street, London.
WM. THOS. LINFORD, Secretary.
October 21, 1854.