A short account of the Society for Equitable Assurances on lives and survivorships.

  • Society for Equitable Assurances.
Date:
1787
Catalogue details

Licence: Public Domain Mark

Credit: A short account of the Society for Equitable Assurances on lives and survivorships. Source: Wellcome Collection.

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    A table of premiums for affuring the fum of one hundred pounds upon the life of any healthy perfon, from the age of eight to fixty-feven, continued. Age 1 One Year. Seven Years at an annual Pay¬ ment of » For the whole Life at an annual Payment of 51 2 17 4 3 2 8 4 13 6 52 2 19 1 3 4 9 4 16 5 53 3 1 0 3 7 0 4 19 7 54 3 3 0 3 9 5 5 2 10 55 3 5 0 3 12 0 5 6 4 56 3 7 3 3 14 8 5 10 1 57 3 9 8 3 17 6 5 H 0 58 3 12 3 4 0 6 5 18 2 59 3 15 1 4 3 8 6 2 8 60 3 18 1 4 7 1 6 7 4 61 4 1 5 4 10 11 6 12 4 62 4 3 11 4 15 0 6 17 9 63 4 7 8 4 19 8 7 3 7 64 4 10 9 5 4 10 7 9 10 6S 4 *5 2 5 10 10 7 16 9 66 5 0 1 5 17 7 8 4 1 67 5 5 6 6 5 2 8 12 1 An addition of twenty-two per cent, computed upon the premium is charged upon military perfons $ and the fmall addition of eleven per «ent. upon perfons not having had the fmall pox. The Court of Directors have a difcretionary power of fixing the pre¬ mium, when any peculiar hazard attends the life upon which the afiurance is made. Perfons preferring the payment of a grofs fum or fingle premium uspon an afiurance for any certain term, are chargeable in a due propor¬ tion to the annual premium for fuch term. Every perfon making any afiurance with the fociety pays five /hil¬ lings in the name of entrance money ; and, if the fum a/Tured exceed one hundred pounds, the entrance money is charged after the rate of five /hillings for every hundred pound. But if the perfon, upon whole life an Afiurance is propofed, does not appear before the Direc¬ tors, the entrance money is charged after the rate of one puond for every hundred pounds. Alfo every perfon propofing any afiurance is required to make a de- pofitolfive /hillings, and in cafe the fum propofed to be afiured /hall exceed one hundred pounds, the depofit will be encreafed after the rate ot two /hillings and fixpence for every hundred, which depofit, if the party afterwards declines making the afiurance, or negledbs to compleat the lame lor the fpace 0/ one lunar month, is forfeited to the ufe of the fociety j but if the Court ot Directors refufe or decline making fach afiurance, the money depofitcd is returned,