An Improved System of Insurance for Season Ticket Holders.
Year: 1890

page_text: Date of Application, 21st Oct., 1890
Complete Specification Left, 17th July, 1891-Accepted 22nd Aug. 1891!
PROVISIONAL SPECIFICATION.
An Improved System of Insurance for Season Ticket Holders.
We, LEONARD METCALFE, Commercial Traveller, and FREDERIC STRETCH,
Licensed Victualler, both of Didsbury near Manchester in the County of Lancaster,
do hereby declare the nature of this invention to be as follows:-
:-
This invention relates to an improved system of insurance in connection with
season tickets, and particularly against accident and death in connection with
railway season tickets.
According to this invention, the insurers prepare the tickets, printing thereon
the conditions of insurance and any other matter or particulars which may be
desirable or necessary; stamping or otherwise marking or placing thereon any
desired means for identification and provision against forgery and imitation. These
tickets are intended to be issued in at least two classes for different amounts of
insurance and they are sold or issued to the railway or other companies, who fill in
the tickets with the names of the insured and of the stations between which they
are available, and other particulars. The tickets are issued by the companies in
the ordinary way to the season ticket holders who are thus insured for and during
the term of the duration of the ticket.
Dated this 20th day of October A.D. 1890.
WILLIAM E. HEYS,
Agent for the Applicants.
COMPLETE SPECIFICATION.
An Improved System of Insurance for Season Ticket Holders.
We, LEONARD METCALFE, of 50 Overstone Road Hammersmith in the County
of Middlesex, Indiarubber Manufacturer, and FREDERIC STRETCH of the Didsbury
Hotel Didsbury near Manchester in the County of Lancaster, Licensed Victualler,
do hereby declare the nature of this inventior, and in what manner the same is
to be performed, to be particularly described and ascertained in and by the
following statement :-
This invention relates to an improved system of insurance against accident and
death occurring or arising during the time the season ticket holder is travelling
between the stations named on his ticket and within the period for which the season
ticket was issued.
In carrying out our system, we supply the season ticket holder with proof of his
insurance either upon the season ticket itself, or, (and preferably) by means of a
separate document upon which there may be printed or written the conditions of
the insurance, the amount insured, and any other matter or particulars which may
be necessary or desirable together with means for preventing fraud or forgery, if
required. The tickets or the documents in proof of the insurance may be sold or
supplied to the companies which issue the season tickets, or if the companies object
to the trouble and the expense which may be involved thereby, they may be issued
to the insured by ourselves or by any duly appointed agents, in which case the
proof of the insurance is more conveniently made by means of a separate document
upon which all the particulars of the season ticket held by the insured person will
be entered; and this document is then handed to the season ticket holder upon the
payment by him of a pre-arranged fee or premium, whereupon he is insured for the
amount or amounts agreed upon for and during the duration of his ticket. It is
not intended that the season ticket holder shall be assured against accident and
Price 4d 1

page_text: death generally according to our system, but only against accident and death which
may arise or occur to the insured season ticket holder whilst he is actually
travelling between the stations and during the period for which his ticket was
issued.
In order to avoid the delay, trouble, and cost, which would be incurred by the
issue of a separate policy of insurance to each season ticket holder, we arrange with
an insurance company to issue an aggregate or over-riding policy to cover the
sums assured to season ticket holders according to this system, before the issue
to the ticket holders of the proofs of insurance and before the payment by the
assured of their fees or premiums.
In the event of the proofs of insurance being issued to the season ticket holders
by the companies who issue the season tickets, the particulars of the insurance and
means for preventing fraud (if required) may be printed written or marked upon
the season ticket itself, and the scason ticket holder will pay the premium or fee
for insurance together with the cost of the ticket, and the company will in this
case also, previously obtain an aggregate or over-riding policy from an insurance
company.
Having now particularly described and ascertained the nature of our said
invention and in what manner the same is to be performed, we declare that what we
claim is,―
The hereinbefore described system of insurance for season ticket holders
substantially as set forth.
Dated this 3rd day of July A.D. 1891.
WILLIAM E. HEYS,
Agent for the Applicants.