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Updated: August 11, 2024
Since then, companies have been formed from time to time, so that at present there are in Great Britain some two hundred in active operation, and the amount assured upon life is estimated at more than £200,000,000. In America, the first life-assurance company open to all was the Pennsylvania, established in 1812.
With this large extension of business, the fundamental principles of life assurance are now universally agreed on; but, in carrying them out, there are differences deserving attention. Life-assurance companies may be divided into three classes, the stock, the mutual, and the mixed.
Ground for serious uneasiness there was none whatever; he could more than make ends meet, and had every reason to hope it would always be so; but it would relieve his mind if the end of the year saw a rather larger surplus. He was now five-and-thirty getting on in life. A man ought to make provision beyond the mere life-assurance and so on.
The machinery it has set up for the detection of crime is miserably ineffective and yet only invent a moral epigram, saying that it works well, and you blind everybody to its blunders from that moment. Crimes cause their own detection, do they? Ask Coroners who sit at inquests in large towns if that is true, Lady Glyde. Ask secretaries of life-assurance companies if that is true, Miss Halcombe.
He was insured by our house for 5,000l. And now I saw very well the truth of a remark of Gus's viz., that life-assurance companies go on excellently for a year or two after their establishment, but that it is much more difficult to make them profitable when the assured parties begin to die.
Rude as the engraving was, the subject of it at once suggested what the Life-Assurance canvassers call an 'excellent risk'; and underneath ran the title: Mr. He was twenty-two years of age; had a good position in the N.S.W. Civil Service; and was now on leave of absence.
Whether the promoters are right or wrong in their views, will be best proved by the result; meantime, they put forth some good names as provisional president, vice-president, and managers, and propose that the Institute shall comprise four branches namely, a Protective Society, a Philanthropic and Provident Fund, an Educational Association, and a Life-Assurance Department.
Perhaps ye have Gladstonian life-assurance offices in England? What praymium would they want for the life of a Bodyke man that paid his rint to the Colonel?" The "praymium" would doubtless be "steep." Boycotting is hard to bear, as testified by Mr. Dawson, a certain Clerk of Petty Sessions.
"No yes that is, I wished to consult you upon a matter of business connected with with a life-assurance office." "A life-assurance office?" "Yes." The man's pale face flushed crimson, and his speech became more and more hurried as he went on. "Yes; fearing, Mr.
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