276 
POPULAR SCIENCE REVIEW. 
English Life Table (Males'), Interest at 3 per Cent. 
Age. 
Males living 
in 1000 born. 
No. dying in 
following year. 
Years Expect- 
• ation of Life. 
Premium 
for one 
Year’s risk. 
Annual 
Premium 
for the 
whole Life. 
Premium 
in one 
Sum. 
Value of 
an 
Annuity 
of 11. 
Life 
Annuity 
which 1007. 
win 
purchase. 
25 
321 
3 
37 
£ s. d. 
0 17 2 
£ s. d. 
38 1 0 
£ 
1 
s. d. 
15 9 
£ 5. d. 
21 5 5 
£ s. d. 
4 14 0 
30 
307 
3 
33 
0 18 11 
41 3 
8 
2 
0 9 
20 3 11 
4 19 0 
35 
291 
3 
30 
113 
44 13 
6 
2 
7 0 
18 19 11 
5^3 
40 
275 
3 
26 
14 6 
48 10 
9 
2 
14 11 
17 13 5 
5 13 2 
In some of the old tables higher rates were charged. Such is 
the practice generally adopted. The amount in this table is 
without the addition or loading of premiums, for the purposes 
of management, profits, bonuses, and other contingencies. 
Some offices have a table of rates increasing every five years ; 
others may prefer decreasing rates of premium, graduated in 
various manners. It matters not much, however, at what age 
a person commences assurance; the more advanced in life of 
course pay higher premiums, on the chance of dying sooner, 
whilst the younger lives have smaller premiums, but a greater 
number of them. But the advantages of insuring young are 
manifold; bonuses steadily increasing may often double the 
sum insured. In the Government Life Assurance and Annuity 
tables the premiums are very judiciously calculated to stop at 
the age of sixty, inasmuch as, after that age, ability to earn 
money begins to be precarious with working people, and these 
principally the Government scheme is intended to benefit. 
The deposit plan of investing money for assurance is another 
system, capable of much modification. In this the interest of 
the money purchases a policy or an annuity, and in the event 
of death, or previous to death, the principal can be returned.* 
Numerous illustrations might be given, some for purchasing 
deferred annuities, others for sums payable at fixed periods, 
endowments, &c. ; but it is beyond our present object to discuss 
them at length. 
There are three kinds of Life Assurance offices : — 1st, the 
“Proprietary” offices, where shareholders incur the respon- 
* A deposit of 100/. at 25 will assure 234/. 10s. 7 d. at death; at 30, 
217/. 9s. 5 d. ; at 40, 187/. 10s. A deposit of 6/. 0s. 4 d. at 45, and annually 
afterwards, will secure 100/. at death, and the representatives may receive 
back all sums paid but the first. A. Scratchley, M.A. 
A married couple, of middle age, by saving 3d. a day may secure 100/. to 
the survivors, or a like sum to their eldest child when it comes of age. 
