The Number of Members
of the Institution on the 20th of November, 1867, was 15,338, and the number of Policies then existing 18,965, assuring the sum of £9,223,907, and producing a Gross Annual Income from Premiums of £301,238 0s. 10d.
The Accumulated Fund
of the Institution amounted then to £2,789,648, invested in mortgage of real property, in Government and other first-class securities, the annual interest on which is £114,807 7s. 9d.
The Total Gross Annual Income £416,035 8s. 7d.
The Entire Profits
of the Institution are divided amongst the members, who are expressly exempted from personal liability.
The Profits are Divided every Five Years,
and are appropriated, at the option of the members, either in the shape of a reduction of the future premiums paid, or of a Bonus added to the sum assured.
The Success of the Society