The Express.
London, England, 1859-10-24 00:00:00

THE GENERAL POST-OFFICE.

The energy and vigilance of Mr. Rowland Hill,
which have -discovered and developed so many un-
suspected resources in the administration of the Post-
office for the public benefit, have for some time been
exerted to devise a means by which those who are
wholly employed in the business of the department
may find it easier to make provision for their fami-
lies, and a scheme with that object is about to be
promulgated. There is reason to believe that the
difficulty of paying the whole annual premium on a
policy of insurance out of a salary which is received
monthly, or wages which are received weekly, has
hitherto prevented many officers of the Post-office
from insuring their lives, who but for this difficulty
Weald gladly have made that provision for their
families. The following is an extract from a draught
of the plan
Withintat remove this difficulty the Postmaster-Gs-
weal ham authorised such weekly or monthly deductions to be
made from the wares or salaries of those amongst his officers
who shall prefer the arrangement ere will annually make up
the premiums upon the nuns for which those officers now
are, or desire to be 'neared. In order that the officals who,
under this arrangement, mai be about to insure their lives
fat' fleet time, sh 4 the =ate who may wish to
eneenare in addition to those which they have ®
already
awned, may not hen to wait mail the ant year's premium
has beam saved.. by weekly ar monthly deductions tram their
wages or salmis*. btu may attain their object at once, the
Postemeuraiimmil has reeneeed ends harm diem to
enter Wee me t which will presently be described.
newt he undentood that, in selecting the Mame
to white this appreadea wee seeds, the Postmaster-General
was guided cal* by the het that those offices bed bees sr
holed more frequently thin any others by the offices of the
department who were already insured ; it is opsa
to other kuturenee adieu to submit proposals en the
valthat he the OIONWWWOII of the Postammeter-Or
weal. Of the offices to winch applioation made,
sena have ccameted to the errengement proposed.
They are—The London Assurance, the Mutual, the North
British, the Norwich Union, the Provident Clerks, the
Provident Lila, and the Scottish Widows' Fund. Then
wren offices ban undertaken to advance policies at the ordi-
nary yearly rates of pemium to those officers of the Post-
office who are iwdudsd in the arrangement, and duke to
aysil themselves of it ; and the issurance oft.ea will receive
the premiums on insurances thus effected in quarterly instal-
matte from the Receiver and Accountant-General, who will
oolkct them premiums by weekly or monthly deductions
from the wwe or salaries of the officers insured. The seven
before-named offices are prepared to grant policies for pre-
miums the payment of which shall cease when the insurer
attains she age of 60, an age at which, under the new super-
annuation act, many government officers will retire from the
service, and suffer a considerable loss of income. If say oil-
con of the Post-office shall be desirous of arming deferred
anouitiaa, or of effecting insurances on joint lives, the arrange-
ment for the collection of the premiums in smell seems will be
extended to them. But in these cases the departmental al-
lowance al 20 per cent. will not be given, unless the insurance
shall be for the benefit ef the insurer's family at his death.
Uedurthe thwedeearibed theoffirere dlke Posh
of will have la their pewee to obtain all the advantsges
given by good inseraaoe aloes upon terms which have
hitherto bean offered by benefit wadies only. It is be-
lieved that the great haft now offered far the payment of
the premium, and the concession of prompt payment of fifty
the death cl an Meurer (payment having hitherto
Mb
on
dahrred for hem three to six swathe), cannot fail to
promote life insurance amongst the officer, of the Port-office.
Instate under this Wrangell:KW who may retire from the
service upon a pension will continue to enjoy the benefits of
the arrangement after their retirement. Insurer, under this
wrangement who may quit the service from other causes then
that of superanntudion will not continue to enjoy the benefits
of the arrangereent, bat must make their own tame with the
offices In which they see insured according as they are dis-
posed to maintain or to discontinue their Inaurences.