The Sun.
London, England, 1850-12-17 00:00:00

DISPUTED LIFE POLICIES.

" A teal of considerable interest to Life Assurance 'Offices and the
public was concluded yesterday in the Court of Exchequer. The
Eagle Company held a policy for an assurance of 5391. in the Albion
Company as security for an advance, the payment of which policy
was now disputed by the Albion, on the ground that at the time it
was effected the fact of the assured party haying been a man of in-
temperate habits was concealed from the office. the chief evidence
turne i upon the question as to the degree of intemperance that had
been exhibited, and the result was, that a verdict was given against
the resisting office, not only for the amount of the policy, but also for
401. interest from the data when it became due.' The circumstance
of the action being brought by one office against another presents a
striking illustration of the uncertainty which may attach to all po-
licies under the present system, and shows that the only mode by
which absolute security can be obtained by the public must lie in the
general adoption by Assurance Offices of the plan of protesting them-
selves in every case by due inquiries before the grantim— f each po-
licy, and of afterwards assuming the full responsibility of the com-
pleteness of such inquiries by holding themselves precluded from
raising any future question. In the present case two offices are
found to be diametrically opposed in their opinions as to what can
properly invalidate a claim, and yet the public are expected to be
able to guare themselves against such, contingences.' Similar cases
have occurred before, and even if they were more rare, they would
seriously injure the progress of life assurance. The very principle
upon which the business is founded is the removal of uncertainty,
and whenever that principle is counteracted in the slightest degree,
the people who would be th'e first to resort to its advantages are the
first to be deterred."—Times, July 11, 1850.

TIM LONDON INDISYCITABLE LIFE
POLICY ..COMPANY • -
No.. 72, LOMBARD-STREET, LONDON.
TRUSTEES.
I. Campbell Renton, Esq., M.P. I Richard Spooner, Esq., M.P.
Richard Mathis, Esq., Q.C; James Fuller Madox, Esq.

William Wilberforce, Esq.
DUIECTORB.
Robert Henry Forman, Esq.
John Hamilton, Esq.
James Fuller Madox, Esq.
• John Matthews, Esq.
C. Octavlus Parnell, Esq.
AUDITORS.
James Turner, Esq.
;David Henry Stone, Esq.

William Adams, Esq.
John Atkins, Esq.
Henry Augustus Bevan, Esq.
J. Thompson Bramwell, Esq.
John Dangerfleld, Esq.

George Cumming, Esq.
William D. Starling. Esq

SECRETARY—David Alison, Esq.
BANKERS—The London and ,unty Bank
PADDINGTON LOCAL BOARD. •
24, Connaught-terrace, Edgeware -road.
Rev. James Sherbold Boone, A.M., Stanhope-street, Hyde-park.
Captain Creed, Norfolk-crescent, Oxford-square,

Ch'arles Pemberton, Esq., Eastbourne-terrace, Hyde-park, and Lin-

coin's Inn-flelds. - -
Thomas Jervis Amos, Esq., York-street, Portman-square.
George Y. Robson, Esq., Eastbourne-terrace, Hyde-park, and New-
square, Lincoln's Inn. _ . .

Secretary, Chas. Itoeston, Esq.

The POLICIES of this Company, being INDISPUTABI.E, form
Family Provisions and Negotiable Securitios, for their validity is not
dependent, as in the case of ordinary Policies, upon the import of
previous reports and other documents. _ _ _

Owing to this important improvement in the practice of Life As-
surance, the progress of this Company has been rapid from the com-
mencement of its business, and is steadily advancing. _ _

Copies of the Report of tho last Annual Meeting will be forwarded,
on application, to Solicitors, to whom Commission is allowed.
ALEXANDER ROBERTSON, Manager.

ItAILWAY PASSENGERS' ASSURANCE
COMPANY. • • • • •
Empowered by special Act of Parliament, 12 and 13 Vic:, cap. 40.
OFFICES, 3, OLD BROAD-STREET, LONDON.
Chairman—JOHN DEAN PAUL, Esq.-.
Deputy-Chairman,---G. B. HARRISON, Esq.
. Established for the purpose-of affording compensation in cases of
personal injury, and the paymBnt of a certain sum in the event of
dcath'by a railway accident.
The distinctive 'features of thig Cotnpany are •
. _

I.' It is empowered. by special-Act of Parliament, 12 and 13 Vic-
toria, tap. 40.
2., It has a sulccribed carital of one million sterling, as a guarantee
to th& assured.

3. In the premium charged the stamp duty is included, which is
paid to Government b' the Company.
In these respects it is peculiar, and distinguished from any existing
railway assurance company.
TABLE 07 PREMIUMS. •

For the convenlepee of frequent or daily travellers the Company
issues periodical litkets at the following rates of premium, which
gives the holder the option of travelling in any class carriage and on
any railway