Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1849-02-15
Life Insurance..

lnstlin'lons Of this character have been IN
operation in England, for more than century;
bu, i, is only within few years that the ma
ture of this institution has been comprehended
in this country, and It's benefits embraced. 7 hey
are no, only used 10 afford security 10 the as
| sured, but they furnish safe and profitable
mode of invesimen, for capitalists. The prln-
cples of life insurance, from certain dala, ma.
ture Of The risk is ascerlained, and The amount
of premium determined upon Records of
death have been KEEP. in dlfferen, cities, for a
number of consecutive years, and from these
records have been constructed tables, showing
hat is technically called "lhe probability of
life" of person of any given age. The sub
jec, was regarded as one of sufficient impor
.ance in England 10 engage the consideration
of the British Parliament, which in 1928 ap-
pointed committee 10 inquire into the merits
of these tables. The Oldest tables Of raes for
life insurance now in use, are The Northampton,
formed by DR.. Price from the bills of mortality
kept in the parish of All Sanls in England,
during the years 1875 TO 1880 The next Ia
bles are the Swedish, and were constructed
upon returns collected in The years 1895 TO
l776, from the whole population of Sweden and
Finland, they have been corrected by others
made at different periods. The third table,
formed in France by M Parcieux, during the
years 1889 TO 1896 and taken from select lives.
The fourth, called The Carlisle table, formed
during the years 1880 to 1887. upon the pop.
ua,on of that town in England These last
tables were approved by the ComniItee of Par
Lament. Ali these tables have been modified,
for it is ascertained that in later years the dur
alton of human life has increased In conse-
quence of The advance in medical science, and
the improvement of the moral and social con-
dtion of society. From those tables, a calcu-
laion can be easily made, how much person
ought TO pay yearly, during his life, 10 enrite
his representatives after death TO receive GER
tain sum, taking out the account the rate of in
terest at which these annual payments are pre-
sumed TO accumulate, and the profits of the in
surers. Life insurance has become a very ex-
tensive business in Europe. In London. alone,
there are eighty offices for this purpose, aud
throughout the kindom, every town OF two thou
sand inhabitants has several agencies from
them. The real service OF the Institutions 10
persons who have certain and limited incomes,
whether salaried officers, professional men, me-
chanics, or Iaborers, should commend it 10 gen
eral acceptance. Il is, however, no, only of a
lection TO families who nigh, otherwise be des-
,i'me; but it is of public utility, as exemling
society from The pressing demands of The suf-
lering poor, and Of consequent crime. Within
a few years past there has been modification,
or rather an improsemeni. OF The original Life
Insurance Companies. What are called "Mu-
tual Benefit" associations have been established
the principle of which is, that the person taking
out policy becomes member and has mu-
faal or join, interes. in us concerns and prop
cry, and a voice in lis management
The science of life insurance has revealed
some new and interesting facts. In The first
place. it is asceraihed that people live longer
now than they did century ago, or rather few.
ef die young This is ewing TO he increased
attention paid to personal cleanliness, and pub,
tic health, 10 improvements in medical science
and particularly ,o'he desco cry OF vaccination