Exchange, 2s. per Rupee.
GREAT BRITAIN MUTUAL LIFE ASSURANCE SOCIETY.
This Society is established on the tried and approved principle of Mutual Assurance. The first division of profits was declared at a general meeting of members, held on the 26th May instant, agreeably to the deed of settlement, when a bonus of 30 per cent. was given in reduction of future premiums on all policies which had been in force five years, and hereafter this Society will make an annual division of the profits.
Credit is allowed for half the annual premium for the first five years.
The following Table exemplifies the effect of the present reduction:—
| Age when assured. | Amount assured. | Annual Premium hitherto paid. | Reduction of 30 per cent. | Annual Premium now payable. | ||||||||||
| £ | £ | s. | p. | £ | s. | p. | £ | s. | p. | |||||
| 20 | 1000 | 20 | 17 | 6 | 7 | 5 | 3 | 14 | 12 | 3 | ||||
| 30 | 1000 | 25 | 13 | 4 | 6 | 14 | 0 | 17 | 19 | 4 | ||||
| 40 | 1000 | 33 | 18 | 4 | 10 | 3 | 6 | 23 | 14 | 10 | ||||
| 50 | 1000 | 48 | 16 | 8 | 14 | 13 | 0 | 34 | 3 | 8 | ||||
14, Waterloo Place,
A. R. IRVINE, Managing Director.
THE