The British Press; or, Morning Literary Advertiser.
London, England, 1826-07-11 00:00:00

Assurances nn the Lives of Invalids are granted in all eases not
immediately affecting the duration of Life. Fofeign and Colonial
Life Assurances may be made for any voyage or residence. The
assured, whether abroad or at home, have four-fifths of the whole
profits of the Establishment periodically divided amongst them.
No fine for entrance or nou-appearance. Claims on the Society
settled three months from the receipt of the certificate of death. A
Medical Officer attends daily at Two o'clock, in Cornhill.
HENRY P. small, Actuary.

`I4CONoNI IC LIFE ASSURANCE SOCIETY,
u - .►• n
No. 34, BRIDGE.-STREET. BLACEERIARII.

DIRECTORS.
Sir JAMES MACKINTOSH, Chairman.
T. FRAN ELAND-LEWIS, Esq. M.P. Deputy Chairman.
Lancelot Baugh Allen, Esq. Francis Kemble, Esq.
Thomas Fenn, Esq. John Knowles, Esq. F.R.S.
Charles David Gordon. Esq. Thomas Alcoa, Esq.
Capt. George Harris, R.N. E.B. H. Frederic Stephenson, Esq.
George Fatten Esq. Resident Director.
AUDITORS—Robert lialiulph. Esq.; John Kymee, Eat.;
Jehn, Whishaw, Esq.
PHYSICIAN—John Mason Good, M.D. F.R.S. Guildford-street.
St:Rogow —llenj•troln Travers. EN. F.R.S. 12, Bruton-strect.
This is a " Premium Society." guarded by a teloporary Capital,
or precautionary Fund, to hi:lurid off as anon as an Orgill& sur-
plus Capital is accumulated from the Pretitimma; thus afffrating to
the assured all the security, in the first instance. which the Pub-
scribed Capital of a Proprietary Company • can offer, without per-
mitting the Subscribers to remain a permanent incurnbrance on the
Society—appropriating its profl!s, and endangering its stability.
Security Ltd Economy constitute the excellence of a Life Insti-
tution, and those object* are to be best effected by taking a Small
excess of Premium beyond the true risk, and accumulating it for
the bent fit and security of the Assured, to be returnable to them
in the way of bonus. Roth time rate of mortality and the rate of in-
terest are subject to variations ; and the Premiums charged in
every office ought always to exceed the true value of the risks
by the greatest probable variations of those rates. Hence, under
usdiumay circumstances. a Surplus FUER, will beaceumulated
beyond the amount necessary to provide for the Chrihts: fir a
Premium Society the danger of aR incautious or um:gnat division
of this surplus is effectually guarded against, by reason that the
Funds and Officers of the Society. are under the absolute control
of the persons assured; whereas, to a Proprietary Company, the
Shareholders not only enrich themselvms, at the expense of the
Policy Holders, but may put in jeopardy the very stun assured, by
an improvident division of that surplus fund, which has been ac-
cumulated out of the Premiums paid by the assured, and which
ought to be reserved for their security.
ADVANTAGES EXC LIN! VF LY BELONGING TI THIS

INSTITUTION.

Premiums for young and middle-aged lives lower than in any
office in England ; payable annually, half-yearly, or quarterly, or
fur a limited number of years only.
A temporary precaution:ay Capital of 200,01101., which will be
paid ed in manner above stated.
Three-fourths of the profit,' divided amongst the assured, until
the Shareholders are paid off, and thenceforth the entire profits,
by additions to their policies, with inierest thereon, in reduction
of the premium..
The Trustees sign every policy, and give the assured an imme-
diate remedy against the fund itself.
On the back of every policy for the whole term of life, is a stale
of its true value from year to year, at which price the Society con.
tract to purchase it, or to lend two.thirds thereof to the holder,
to enable him to continue the future premium. without incon-
, venience. _ . _

.......
The assured having the Contract of the Trustees to purchase
policies. may reduce the annual premiums at pleasure. For In.
stance, by taking ten policies of 1110/ each, instead of one of 1.000/. !
whenever a bonus of 110/. is added to the gross amount, the as-
sured by selling one policy to the Society will receive its true value,
and reduce his premium one-tenth. without diminishing the 1,000/.
Thus, he may either apply the bonus in augmentation of the sum
insored, or in reduction of his future premiums.
There are no agents to the Institution, and consequently the
Commissions which would be allowed to them are properly de-
ducted from the premiums of the as•ured.
A Physician or Consulting Surgeon of eminence in every principal
town is attached to the Society.
Proposals from the country to be sent to the Resident Director,
who will give all proper information, to save the necessity of per-
sonal attendance before the Board.
Notice is hereby given, that an Extraordinary GENERAL
COURT will be held at the house of the Society, on FRIDAY,
July 21, at 1 o'clock precisely, to consider of the propriety of re-
lieving the Senior Auditor of this Society from the disqualification
1
he labours under, by reason of his being a Director of the Asylum
Life Assurance Company, to be elected a Director of this Society.