NOTES AND QUERIES. 



[No. 263. 



THE CORPORATION OF 



THE SCOTTISH PROVIDENT INSTITUTION 



FOR MUTUAL LIFE ASSURANCE BY MODERATE PREMIUMS. 



ESTABLISHED 1837. INCORPORATED BY SPECIAL ACT OP PARLIAMENT. 



TRUSTEES. 

 SIR WILLIAM JOHNSTON of KirkhiU. 



CHARLES COWAN, ESQ., M.P. 



JOHN MASTERMAN, JUN., ESQ., London. 



WM. CAMPBELL, ESQ., of Tillichewan. 

 JAMES PEDDIE, ESQ., W. S. 



HEAD OFFICE, 14. St. Andrew Square, Edinburgh. _ LONDON BRANCH, 66. GracecUurch Street. 



THE SCOTTISH PROVIDENT INSTITUTION is the only Office in which the adrantagea of Mutual Assurance can be obtained at 

 moderate Premiums. The Assured are at the same time specially exempt from personal liability. 



In many Offices (including even some of the older Mutual Offlc^s"), Assurers are ofF'red the choice of a moderate scale of Premiums, without 

 any claim to share in the Profits — or of ari?ht toparticinate in these, at an excessive rate of Premium. Assurers with the SCOTTISH PROVI- 

 DENT INSTITUTION are the sole recipients of the Profits, and at rates of Premium equally moderate with those of the Non-Participatinn 

 Scale of other Offices. 



The principle on which the Pmiits are divided is at once safe, equitable, and favourable to good lives — the Surplus being reserved for those 

 Members who alone can have made Surplus Payments ; in other words, for those whose premiums, with accumulated interest, amount to the sums 

 in lieir policies. 



At the first division of Surplus, as at 31st December, 1852, Bonus Additions were made to Policies which had come within the participatinj 

 class, varying from 20 to M per cent, on their amount. 



In all points of practice — as in provision for the indefeasibility of Policies, facility of licence for travelling or residence abroad, and of ob- 

 taining advances on tne value of the Policies — the Regulations of the Society, as well as the administration, are as liberal as Is consistent with 

 right principle. 



Specimens of Premluius 



For Life, and for 21 Years, to assure lOOZ. with Whole Profits at Death. 



Investment and Family Provision. 



At present, when interest is so low, attentiin 's invited to the mode 

 of LiFK AssoBANCK BT SiNotE PAYMENTS, and to the peculiarly ad- 

 vantageous terms on which it can be effected in the 



Scottisli Provident Institution. 



By this mode a person may Assure a Policy for 1 ,000/. : — 



If aged 30, for a Single Payment of £Zffi n 



Aged 40 428 7 6 



Aged 50 534 16 8 



At his death, his family will receive the l.flOO?. with additions from the 

 profits on the very favourable principle of this Society. While he lives. 



he has it in his power to borrow a sum, nearly eqnnl to his payment, on 

 the security of the Policy, and increasing yearly with its value, without 

 any expense, and at a moderate rate of interest. 



Assurances may be effected In this way, varying in amount from 50j. 

 to 5,0002. 



Provision for Advanced Age. 



To Clergymen, or other Professional Men, and to all whose income 

 isdene^dent on the continuance of health, the Directors recommend 

 attention to the Scale of Dbferred Annuities — which are calculated 

 on very advantageous terms. The following arc examples of the 



Annual Premium for Annuity of 59J., commencing at the foUowins 

 Ages : — 



Thus an Annuity of 50/. may be secured to a person now aged 25, to 

 commence on his attaining age 60, and payable half-yearly during life, 

 for an Annual Premium of il. Us. 2d. 



For those who have still hefore them the duty of securing for their families a competent provision in case of their premature death, the or- 

 dinary mode of Life Assurance, by Annua' Premiums p lyable durini life, or for a limited number of years, is undoubtedly most suitable ; but to 

 those who have already made such provision, the syst ms now brought under notice are recommended. 



»** Policies are now issued free of Sfamp T)utv ; and attention is invited to the circumstance, that Premiums payable for Life Assurance 

 are now allowed as a deduction from income in the Returns for Income-Tax. FuU Reports and every information had (free) on application. 



GEORGE GRANT, Resident Secretary. 

 London Branch, 66. Gracechurch Street, comer of Fenchurch Street. 



Printed by Thomas Clark Shaw, of No. 10. Stonefleld Street, in the Parish of St. Mary, Islington, at No. 5. New Street Square, in the Parish of 

 St. Bride, in the City of London ; and pnWished bv '^rnnor Bem,, of No. 1»6. Fleet «ti e<>t in the Parish of St. Donstan m the West, in the 

 City of London, Publisher, at No. 186. Fleet Street aforesaid Saturday, November 11. 1854. 



