HAIL INSURANCE.
Royal, Farmers’, and General Fire, Life, and Hail Insurance Institution.
Capital, £500,000.—Established (1840) by Special Act of Parliament.
REDUCTION OF RATES,—The mode of Insurance has been simplified by the adoption of one uniform rate of 6d per Acre for the following Crops, without reference to the quantity per Acre:—Wheat, Barley, Oats, Peas, Rye, Beans, Vetches, or Tares for seed, Turnips, Potatoes, Vetches, or Tares (green), Buckwheat, Clover (green), Rye-grass (green), Mangel Wurzel, and Beet.
A great Reduction has been made in the Rate for Seeds.
A Return, in some instances to the extent of 75 per cent., was made on the Premiums paid by parties who Insured against Loss by Damage from Hail in the season of 1850.
In case of loss the party is entitled to payment for any damage, without reference to the quantity per acre.
GLASS in Hothouses, Greenhouses, &c., 20s. per cent. and upwards.
Fire Insurance of every description at moderate premiums.
Every species of LIFE INSURANCE effected.