INSURANCE. 



Perfons afluring for feven years, wiU be allowed one year's Premiums of afTuiance from fire for fhips in harbcsr, 



premium, and duty ; for fix years, lo per cent, on the pre- building, or repairing, or for cargoes, or for veiiels and othT 



mium ; for five years, 9 per cent. ; for four years, 6 per cent. ; craft employed in inland navigation, and goods, &c. ladeiv 



for three years, 4. per cent. ; for two years, 2 per cent. thereon. 



Five^^r cent, difcount allowed on premium. The premium 

 on goods, hazardous or not hazardous, in any of the ware- 

 houfes or Iheds, or on the open wharfs, or in any part of the 

 port of London, within five miles of the Royal Exchange 

 (the Well India docks excepted), with tlie average claufe, 

 5^. per cent. ; on goods not hazardous, fimilarly fituated, 

 3/. per cent. The average claufc, fo often refLrred to, is as 

 follows : It is agreed, that if the goods afi"ured fhall be of 

 greater value than the fum allured, and the fame (hall nut be 



totally confiimed, the infarer fliall only be liable to pay fuch 

 a proportion of the lofsasthe ium afTured fliall bear to the 

 whole value of the goods at the time of the breaking out of 

 any fire. On fums of 300/. and upward, the policy and 

 mark are allowed gratis. 



The " Sun Fire-office" was eftablifhed m the year 1710, 

 and infures againll lofs or damage by fire, upon the follow- 

 ing terms. 



Table of Rates. 



Annual Premiums to be paid for Infuranccs. 



Sums not exceeding 10,000 Common 



6,000 Hazardous 

 3,000 Doubly Hazardou 



per Cent. 

 . Ditto. 

 . Ditto. 



Suras above may be infnred by Special 

 Agreement. 



Fanning Stock, on any Part of the Farm, infured under General Policies, without the Average-Claufe, at 2/. per Cent. 

 N. B. Any barn, or other out-building, and the farming ftock therein, may be infured under one fum : — premium jj. 



Perfons may infure for more years than one, not cxcetding 

 fcven ; and, in fuch cafe, there will be an abatement of fix- 

 pence in the pound per annum, on the premiums agreed for, 

 for every year except the firft : In a common infnrance of 

 i.ooo/. for feven years, the premium to be paid, by the table, 

 will be feven pounds, in which the fix-pence in the pound 

 per annum is to be deducted for the laJl fix years, that is, 

 three (hillings and fix-pence per annum, which amounts to 

 one pound one ftiilling, and reduces the fum to be paid to 

 five poimds nineteen fhiUings, and the fame in proportion for 

 any other fum or number of years ; and perfons infuring 

 can never be fubjeft to any calls or contributions to make 

 good lofTes. 



The " Sun Life An"urance Society"' grants annuities, 

 makes affurances on lives and furvivors, and provides for the 

 endowment of children ; on the terms, and in the manner of 

 other offices for infuring lives. 



" The Weftminfter Fire-office" was eftabliftied in tlie 

 year 1717. Tlie terms are, in the firft clafs of common in- 

 furanccs, for any fum not exceeding lo.oco/., 2s. per cent, 

 per annum ; in the fecond clafs of hazardous infurances, for 

 any fum not exceeding 6oco/., ^s. per cent, per annum ; in 

 the third clafs of doubly hazardous infurances, for any fum 

 not exceeding 3000/., 5--. per cent, per annum. The fourth 

 clafs includes infurances by fpecial agreement. Every fep- 

 teiinial infurer. becomes a member of the focicty, and (hall 

 be allowed one year's premium ; he will alfo have a propor- 



tionable (liare of the profits, and be liable to contribute to 

 lofTes, but not to exceed lOf. per cent, on the firft ; 15J. on 

 the fecond ; and 20s. on the third clafs of infurances. 



The " Phcenix Fire-office" was eftabliftied in 178: ; and 

 its premiums are for common infurances, for fums not ex- 

 ceeding 3C00/., 2s. per cent, per annum ; for hazardous in- 

 furances, for fiiiubr fums, ^s. per cent, per annum ; and for 

 double hazardous infurances, the fums being the fame, 5^. 

 per cent, per annum. Ilay and corn in barns or (tacks, and 

 other farming ftock, may be infured at 2s. per cent, per an- 

 num. Ships, barges, and all kinds of water-craft ; alfo, 

 cargo on board may be infured at 3J. per ant. per annum, 

 for fums not exceeding 3000/. Inlurances on larger fums, 

 and on goods, &c. peculiarly hazardous, may be efteded by 

 fpecial agreement. Perfons chufing to infure for feven years, 

 will be charged for fix years only ; and for any number of 

 years, more or lefs tlian feven, will be allowed a reafonable 

 difcount both on the premium and the infurance tax. 



" The Globe Infurance" was eftablifhed in 1S03, and com- 

 preliends the granting infurances againll lofs or damage by 

 fire, on lives and lurvivorftiips, the endowment of children, 

 and immediate, deferred, and progrelfive annuities. This 

 office makes common infurances at an annua! premium of 2.--. 

 per cent. ; hazardous infurances at 3^. per cent. ; and doubly 

 hazardous infurances at the annual premium of 5/. p,T cent. 

 Farming ftock is infured at 2s. per cent. ; and this may be in^ 

 fmcd for three, fix, or nine calendar months at certain ftipulatcd 



lutci. 



