The Sun.
London, England, 1869-04-19 00:00:00

bc ,t 1
CLERICAL, MEDICAL, AND GENERAL ,„-14 ,E; ;)
..- 2
LIFE ASSURANCE SOCIETY. .. 5= o 46. 13 0"
13, ST. JAMES'S SQUARE, LONDON, S.W. to. `;) c,- a Amount cs r, Amount Annual
4, P o Proposed. Z'3 Assured. Premiums.
--- OLI 47, 7;
CHAIRMAN. '3,4
Right Hon. John Robert Mowbray, M.P.
x B. d. £ a. d. £a. d.
DEPUTY-CHAIRMEN. IRMEN. 1858 4,802 1,023,140 0 0 3,318 F 54,110 0 0 21,347 16 5
William Bowman, Es q., F.R.S. 1863 13,244 2,779,666 0 0 9,746 2,037,383 0 0 63,507 19 10
Sir Charles Locock, Bart, D.C.L., F.R.S. 1868 17,466 4,861,303 5 9 13,699 3,752,967 4 8 122,257 17 6
Extracts from the Report of the Directors, presented at Total.. .75,M2 8,64,1095 9 2-6,763 6—"---,444,490 4 8 207,113 13 9
the Annual General Meeting held on the 27th November, .
1868 : The net premium income has increased to
1. The sum of £412,345 was proposed for Assurance, of _. the suns of ....... . ........ ....
D..: ... :.;:, ... ..... £216,704 1 7
which £.307,395 was completed at Premiums pro- The interest on investments . a. tn items
diming £10,067 per Annum, of receipt yield ................................. 21,276 18 1

1. The sum of £412,345 was proposed for Assurance, of
which £307,395 was completed at Premiums pro-
ducing £10,067 per Annum.
2. The amount paid under Claims by death was £100,883,
being the smallest since 1860, whilst the expenses of
management and all other outgoings were even less
than for many years past.
8. On the other Land, the Income was raised to £219,769,
notwithstanding that its increase was retarded by
abatements of premium which did not take effect in
the previous year, and by the cessation of interest on
the large sum paid as Bonus in 1867.
4. The Surplus income was very considerable. It
amounted to £93,152, a sum exceeding by more than
£B,OOO any previous Surplus during the forty-four
years of the Society's existence.
5. The Accumulated Fund was thereby increased to
£1,598,906.

'1,276 18 1

Making a total income of ............ V 37980 19 8
The claims were 335, amounting to the sum of £127,886
12s. ld.
The balance of the year's income was £68,026 9s. 4d.
The assets of the association at the close of the year
amounted to £667,493 Bs. sd.
The directors draw special attention to the fact that the
next bonus valuation will take place at the end of the year
1872, and that all polices effected on the profit scales prior
to the 31st December, 1869, will be entitled to participate
in the same.
The directors also draw attention to the successful esta-
blishment during the past year of the Britannia Fire
Association, under the auspices of the Briton. The direc-
tors believe that the establishment of a Fire Company, to
work in active co-operation with the. Life, will tend much
to the advantage and profit of both institution& It is
scarcely necessary to remark that the capital funds and
constitution of each office are quite separate and distinct.
By order of the Board,
JOHN MESSENT, Actuary and Secretary.
London, March 18, 1869.

The following are among the distinctive features of the
Society :
CREDIT SYSTEM.—On any Policy for the whole of
Life, where the ago does not exceed 60, one-half of the
Annual Premiums during the past five years may remain
on credit.
ENDOWMENT ASSURANCES may be effected,
without Profits, by which the Sum Assured becomes pay-
able on the attainment of a specified age, or at death,
which ever event shall first happen.
INVALID LIVES may be assured at rates proportioned
to the increased risk.
PROMPT SETTLEMENT OF CLAIMS.—Claims paid
thirty days after proof of death.
Tables of Rates and Forms of Proposal can be obtained
of any of the Society's Agents, or of
GEORGE CUTOLIFFE, Actuary and Secretary.
13, St. James's-square, London. S.W.