The Sun.
London, England, 1841-08-16 00:00:00

UNITED KINGDOM LIFE ASSU-
RANCE COMPANY,
8, Waterloo-place, Pall-mall, London.
DIVISION OF PROFITS AMONG THE ASSURED.
/SONORA RY PRESIDENTS.
Earl of Errol Earl of Stair
Earl of Courtown Earl Somers
Earl Leven and Melville Lord Viscount Falkland
Earl of Norbury. jLord Elphinstone
Lord Belhaven and Stenton
In Rec's!. :tits.
JAMES STUART, Esq., Chairman.
WM. PLASKET, Esq., Deputy Chairman.
Samuel Anderson, Esq. Charles Downes, Esq.
H. B. Avarne, Esq. H. De Castro, Esq.
Morton Balmanno, Esq. Charles Graham, Esq.'
Edw. Boyd, Esq., Resident F. C. Maitland, Esq.
E. Lennox Boyd, Esq., As- John Ritchie, Esq.
sistant Resident
This Company, established by Act of Parliament, affords the
most perfect security, from an ample capital, and only re-
quires, when an Insurance is for the whole period of life ono
half of the very moderate Premiums to be paid for the first five
years after the date of the Policy, the other half may remain,
subject to the payment of interest at 5 per cent. annually, to be
deducted at death, or may previously be paid off at convenience.
It obviously becomes easy for a person of very moderate
income to secure, by this arrangement, a provision for his
family ; and should he at any time after effecting the insurance
succeed to, or acquire, a fortune, he may relinquish his policy,
havinr, only paid one half the•premiurns for the first five years,
instead of the whole, as in all other Companies.
Thus a man of 25 years old may, by an annual payment of
28/. 16s. 3d. for the first five years, and afterwards
the full premium, 571. 12s. 6d. yearly, secure to his widow
and children at his death payment of no less than 3,0001., sub-
ject only to the deduction of 1441. Is. 3d., being the amount
of premium unpaid.
On the Ist ('f July, the Board of Directors added 2 per Cent.
per Annum as a Bonus to those assured upon the participating
plan from the dates of their policies, thus appropriating 20/.
a-year as an addition to every policy for 1,0001. The follow-
Table will show the amount of the bonus on policies since the
commencement of the Company in March, 1834 :
Sum Assured. Time Assured. Sum added to Policy.
£l,OOO 6 Years, 10Months... ...... £136 13 4
1,000 6 Years . 120 0 0
1,000 5 Years
1,000 4 Years
1.000 ... 3 Years
1,000 2 Years 40 0 0
...
1,000 ..... 1 Year 20 0 0
This Company holds out, in various other respects, great
inducements to the public. When such facilities are afforded,
it is clearly a moral duty in every parent who is not possessed
of a fortune, but of an income, however moderate, to insure
his life for a sum which may yield a comfortable provision for
his family.
RATES OF PREMIUM.
Age. Without Profits. With Profits.
25 ....
30
40
50
60
Insurances may be effected o.n lives, however far advanced, and
the half credit fur five years is found particularly convenient on
such insurances. Annuities at e granted on very liberal terms.
Far the convenience of parties residing in the City, they may
make their appearance and.paSs the medical examination before
the agents, Edward Frederick Leeks,
Esq., 4, Scots-yard,
Bush-lane, Cannon-street; and .1. F. Qoude, .Esq, surgeon,
9, Old Jewry.
Every information will be r.fforded' on application. to the
Resident Director, Edward Been!, Esq., 8, Waterloo-pla.ce.
Proposals may be accepted on W. adnesday at three o'clock, and
any other day at half-past two ;clock; when Frederick Hale
Thomson, Esq., the Company's Surgeon, is in attendance to
give despatch to the business.
PATRICK M ACINTYRE, Secretary.