The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-07-19 00:00:00

Ensurana Notirts.

MUTUAL LIFE ASSURANCE.
THE SCOTTISH PROVIDENT INSTITUTION
is the only Office which combines the advantage of Part
ticipation in the Whole Profits, with moderate Premiums.
is a Mutual Assurance Society, in which the Whole Profit„
w„f,
belong to the Policy-holders ; and it is free from the objection
of excessive Premiums, which is urged by the Proprietari
Companies against other Mutual Societies.
The Premiums are low as those of the non-participating
scale of the Proprietary Companies. They admit of being Fe;
not only with safety, but with ample reversion of Profits to twi
Policy-holders—being free from the burden of payment 0'
Dividends to Shareholders.

The principle on which the profits are divided is at once safer
equitable, and favourable to good lives—the Surplus being
,r,',";
served for those members who alone can have made surP
payments; in other words, for those whose Premiums, with
accumulated Interest, amount to the sums in their policies.
This principle, while it on the one hand avoids the anorn
of givir', additions to those policies which become claimss
their earlier years, secures, on the other hand, that there is 1,1,„.
member who has not been, in a pecuniary sense, a gainer ./
the transaction, who does not receive a share of the Profits.
The practical working of the system has been, that at ~_
first Division of S.urplus-15i years after the commencement'
Bonus Additions have been made to the Policies which have
come within the participating Class, varying from 20 to 54 75
cent. on the sumsassured.

ANNUAL. PREMIUM TO INSURE .elOO AT DEATH.

Age-25 I

30 I

.el IS 0 I ''2 1 6 I£2 6 1• I£2

It will be seen on comparison that the same Premium which,
at age 30, for example, is charged in the other Scottish Mutual
Offices for Assurance of £l,OOO, will secure, in this Society, a
Policy of .4'1,230. And it is to be borne in mind that the higher
holds profits, g
000rda, n
immediate Assurance in this Office does not involve the Baer!:
ficThe oifstle
zvta.
member'sng advantageousinterest
comparison in the
same extent, with the participating scale of the Proprietary
Companies.
Forms of Proposals, Copies of the Annual Report, and every
information may be had
Edinburgh, July; 1853. JAMES WATSON, Manager.
JOHN REID
AGENT FOR LIVERPOOL. ytoponrteiaornlyofdi,e
, 13, OLDHALL STREET.
MEDICAL OFFICER :—DI
t. GEE, 10, OXFORD-STREET'
_.....

SOVEREIGN LIFE ASSURANCE COMPANI'
49, ST. JAMES'S-STREET, LONDON.
ESTABLISHED IN 1845.

TRUSTEES:
The Right Hon. the Earl Talbot, K.G. &c.
The Right Hon. the Lord De Mauley;&c.
Sir Claude Scott, Bart.
B. Bond Cabbell, Esq., M.P., F.R.S., &c.
Henry Pownall. Esq.
FIRST D OF .
The Directors have toIVISION announce that,PROFITS under the advice of
eminent Actuaries, they have, after making alloWance for ev,...00
liability to the 31st of December, i 852, declared a bonus fry,
the profits realised during the first seven years of the '-'"by
pany's operations; which, in numerous instances, as showl'unt
the following examples, is equal to 75 per cent, on the Bow
of premiums paid:—

Age Sum Amount Bonus added Anlyriable
when of now P
Assured) kssured!Premiums paid) to Policy.
at

X X s. d. S. d. S.
6 a.
.16 X
20 500 59 0 0 44 6 8 544 0
25 1,000 153 8 4 123 7 0 1,123 , 8
28 2,000 282 0 0 208 18 8 2,208 18 0
39 600 113 14 0 74 11 0 674 11 5
45 100 26 17 10 17 12 5 117 13 0
48 250 74 18 0 43 5 0 293_2/

The total number of deaths amongst the assured has berowbv.,
far below the expected mortality provided for by
.tir. iipoo
pangs tables, and so sound have proved the principle.' -wit!),
which the office was founded, that the Directors anticipate 0 og
confidence that, by persevering in the same careful selectl°,inie
lives proposed for assurance, and by adhering to the prin`Zill
of rendering their policies indisputable, the same succe,vno
continue to attend the Institution, and that future distributl
of profits will yield equal advantages to the assured. 4 fife
Moderate rates, adapted to all ages, and every species'—jog
assurance, may he obtained at the office, or of the follow
Agents :
Liverpool .. f Mr. G. R. Pigot, 8, Union-street.
1 Mr. John Dorning, 8, Basnett-street.
Mr. W. D. Pollard, I, Clarence-street. ..,..nees-
Messrs. Pennington and Jervis, 9, Ste "".
Manchester 14:sirr..G.Teooh.nSyBsorand,9s,Alwfr,e8d0-s,tGreeeotr,
I square.
eat.re-!treet.
Messrs. Nunn and Moore, 55, Cross-street...
Mr. Edward Kirby.
1
H. D. DAVENPORT, Secre tit Tr'
Actin AGENTS WANTED in other towns,
Mr. Wm. Jenkinson, 26, Back King-streer
George-street.

Preston

AT a SPECIAL GENERAL MEETING of the
TRUSEES of th ROYAL
LUNATIC T
ASYLUM,e andLIVERPOOL LOCK HOSPITAL, holden INFIRMARY
on,
MONDAY, the 11th day of July, 1853,
EDWARD GIBBON, Jun., Esq., in the Chair,
statement on the part of the Committee having been read to
the meeting, it was moved by Mr. ROBERT HUTCHINSON,
seconded by Mr. LAWRENCE PEEL, and resolved—
" That a sum not exceeding 45,000 (to be taken from the
capital fund of the Institution) be placed at the disposal of the
General Committee, for the purpose of effecting the alterations
recommended by them in the statement now submitted."
It was moved by Mr. ALFRED NORTH, seconded by the Rev.

" • J. B. MONK, and resolved,—
That this meeting especially recommends the Committee
to give their earnest attention to the increase of the subscrip-
tion list, in the confident expectation that an energetic appeal
to the public will produce a large addition to the income of
this charity, in order to repair the loss occasioned by the ex-
Penditure Just sanctioned, and to enable it efficiently to
administer to the relief of the sick and disabled poor of this
increasing town and neighbourhood."
EDWARD GIBBON, Jun., Chairman.
The thanks of the meeting were unanimously voted to the
'ffairman for his able conduct in the chair.