V^ "-^^ rMAGE EVALUATION TEST TARGET (MT-3) t % // A /. ^CJ^ 1.0 I.I 40 IIIII2.0 2.2 ia. iiiiyi iiiiu II 1.6 '/ m w ^> ^.""l* ^q\ r O J CIHM/ICMH Microfiche Series. CIHM/ICMH Collection de microfiches. Canadian Instituta for Historical Mlcroraproductlons / Instltut Canadian da mlcroraproductlons hlstorlq uas Technical and Bibliographic Notaa/Notaa tachniquaa at bibliographiqu«a Tha instituta has attamptad to obtain tha baat original copy availabia for filming. 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Weldon Library University of Western Ontario (Regional History Room) Laa imagaa auivantaa ont it* raproduitaa avac la piua grand soln, compta tanu da la condition at da la nattctA da raxamplaira film*, at an eonf ormiti avac laa conditiona du contrat da fiimaga. Laa axamplairaa origlnaux dont la couvartura an papiar aat imprimto sont filmte an comman^nt par la pramiar plat at 91% tarmlnant soit par la darniAra paga qui comporta u.ia amprainta d'impraaaion ou d'illuatratioh, aoit par la sacond plat, salon la cas. Tous laa autraa axamplairaa orlginaux sont filmto an commandant par la pramlAra paga qui comporta una amprainta d'impraaaion ou d'illuatration at an tarmlnant imr la damlAra paga qui comporta una talla amprainta. Un daa symbolaa suivants apparattra sur la darnMra imaga da chaqua microficha, salon la caa: la symbols -^ signific "A SUIVRE", la symbols V signifia "FIN". Maps, piatas, charts, ate. may ba filmad at diffarort raduction ratloa. Thoaa too larga to ba antiraiy includad in ona axposura ara filmad baginning in tha uppar laft hand comar, iaft to right and top to bottom, aa many framaa aa raquirad. Tha following diagrama iliustrata tha mathod: Laa cartaar planchaa, tablaaux. ate-, pauvar^t itra filmia i daa taux da raduction diffirants. Loraqua la documant aat trop grand pour Atra raproduit an un saui clichA, il aat fiimi A partir da i'angia supAriaur gaucha, da gaucha i droita. at da haut an baa. an pranant la nombra d'imagaa nAcaasaira. Las diagrammas suivants illustrant la mAthoda. 32X 1 2 3 1 2 3 4 5 6 Class B, Important to Persons PURPOSING TO EFFECT Life Assurances. Founded 1838. LIFE ASSOCIATION OF SCOTLAND. RESERVED FUNDS UPWARDS OF $6,300,000. HOLDERS OF POLICIES Dated on or before ^th December next will be entitled at the Divisioti of Profits TO ONE ENTIRE YEAR'S BONUS 7norc than later Entrants. Life Association of Scotland, For Life Afsurance and Annuities. CLASS B. The BONUSES from PROFITS ARE APPLIED ON A SPECIAL SYSTEM FOR THE PERSONAL BENEFIT AND ENJOYMENT OF THE POLICY-HOLDER DURING HIS OWN LIFE-TIME, The sum Assured remaining intact for his Heirs or other purposes. THERE IS THLS OBTAINED A Large Reduction of present Outlay, OK A PR '^VISION FOR OLD AGE OF A MOST IMPORTANT AMOUNT IN ONE CASH PA YMENT OR A LIFE ANNUITY, Without any payment whatever beyond the Ordinary Premium for the original Sum Assured. ENTRANTS BEFORE 5th DECEMBER, 1869, in Class B. will SECURE ONE-YEAR'S MORE BONUS IN 1870 than any later Entrant. J. STARKE ■ m 'to CO., PRINTERS, MWNIREAI. n Provision for Old Age, or for Heirs & Dcpcudants, mid a Profitable luvestnient for Money, Life Association of Scotland, j="OUNDED 1838. SCOTLAND. F.mNm;RGH,82 Princes St. ENGLAND. Lonhon, 5 T,()inl)aril Si reel. IRELAND. DuiiMN, 40 Dame Street. BRITISH NORTH AMERICA. Montreal, Place d'Armes. Nova Scotia, Halifax. New Urunswick, St. John. Newkoundlani), St. John.*. While affording all the advantages and facilities usual with other Offices, this Institution Possesses SPECIAL and ATTRACTIVE Features peculiar to itself, and it has largely contributed to the extension of Life Assurance throughout the whole of Great Britain and Ireland, as well as British North America. DURING THE THIRTY YEARS of its operations, the Association has been among the most Successful of the Life OfTices, and few of them during the last ten or twelve years have attracted so many Entrants. LIFE ASSURANCES now in force #34,745.174.07 FULL PREMIUMSpayableforthe.se ASSURANCES 1,118,732.74 REVENUE from PREMIUMS and INTEREST on FUNDS after Deduction of the Abatement of PREMUMS allocated in CLASS A for this year 1,201,007.03 TOTAL AMOUNT of CLAIMS on DECEASED LIVES (since the com- mencement,) , 5,391,144.72 TOTAL CASH BONUSES paid or allocated in CLASS A is 1,986,062.20 ii F"UNDS remaining on hand 6,312,303.17 ^ DIRECTORS AT MONTREAL. - Davip ToRRANCBjfsq., (D. Torrance & Co.) Sir G. B. CAirmtR, Bitrt., Minister of. Militia. ^^ CiKOROE MoFFAIi^ Ksq., (Gillespie, Moffatt & Co.) Peter Redpath, Esq., (J. Redpath & Son.) Ai.E.KANnER Morris, Ksq., M.P., Barrister, Perth. J. II. R. Moi.son, ICsq., (J. II. R. Molson & liros.) Medical Officer,— V.. Palmer Howard, Es(j., M. I). Secretary, P. WARDLAW. | /«jr/ftV<'?-fl/'4iW»,7>j-,— JAMKS It. M. CIHPMAN. ^^ On 5th December Next, The Class will be closed for the Year, and Entrants before that date will be entitled, at the Division of Pro/it, to a rULL Years Bonus more iJian later Iintrants. v. WAKDLAW, Montreal, October, 1869. Si'cretarv. THE BONUSES IN GLASS B. j I'ORM A MOST IMl'ORTyVNT PR(JVlSION I'OR TIIH POLICY-HOLDER IILMSI-LF IN OLD AGE, I (UiXl/iSS J IE rREri.R /lOAiS ADDITIONS TO THE SUM ASSURED.) I'lacli l'i)!i() holder's share of rrotit in this Class is declared every lifth year, and the JJonuses being Accumulatcil and Deferred till a later stage of the Policy are very much larger than usual. At the nil'ISIONjor ith DECKMBHR, 1865, THERE IVAS DECLARED tlic Large Bonus Addition of £4 per cent, for every Premium paid on each participating policy: This Additidn to be payable alon^ with tlie Sum Assured, provided the Life attain the averau'e l'',.\pcctation of persons of his \vkru)|i. r.ut the rolicy-holder has the option of exchanging the bonus Addition for the ecjuivalent (when he reaches the average period of Life) in a Valuable Provision for his own After-life time by a Cash Payment or Annuity. Tlie ini|uir'aiil amount of these will be apiJarent from the following Table : — Examples— Policies of £1,000 Stg. ($4,866.67.) Assuiiiiir:; tluit t/ie Boiw-cs "i'ill (vn/i>iitc, as may he c.spcdcd, at not less t/iaii 4 prr lYiit. /,/• ,1111111111. ..^ BONUS BONUSES MAY BE EXCHANGED ycirstobe.ltt.lincd, .Some liviiii; a ADDITIONS iU tli.u time .11 lh.1t llllU lor f ;ti simrlcr riine,..iiul besides the One nt OrlKilul .Sum Assured. (2.) CASH PAYMENT LIFE ANNUITY (i.) uf .ibout of about (3) (4-) 25 38 £1560 8t(t, £1000 Stg, £102 Stg, 30 34 1400 " 912 ■■ 96 •• 35 31 1280 ■' 8B1 ■■ 97 " 40 28 1160 " 806 " 98 " 45 24 1000 " 706 ■• 89 " 50 21 880 " 640 " 80 " 55 18 780 " 568 " 86 " 'I'he above 'I'able Is to be read as follows : — {Column I.) rdlicy-holders for £,\(Xio Sterling who enter at the ,igc of 25, will live, 011 an average, thirty-eight ye.irs each. Many will live longer, but some will die earlier, the aver.age of the whole will be 38 ycai.s.— .SVf Tabic at /oot of fage. (Column 2.) ICach rolicy-hoUler living to the average period, will have had a ISoniis Addition to his Policy of /'isfjo Sterling, making the Snm Assuied in all ^^25^10 Sterling. (Column 3.) If he ])refcr a Cash raymcnt to himself instead of the ijicrease to the Sum .Assured, he may exchange it for a pay- ment of about /^icoo Sterling, being miicli more than the total rreniiums he has paid for the Policy. Or (C:'liiiini 4.) lie may exchange the lionus Addition for an Annuity of .ibout ;f 102 Sterling, p.iy-ble yearly during his Life. luinlier, this F.xchange will in no respect affect the Sum Assured, which, as well as the right to future IJonuses, will remain intact. UNDER NO OTHER SYSTEM can anything like the same amount of benefits be obtained, whether as regards Increase of Sum Assured, or an equivalent in Cash Payment or Life Annuity. • Extract from MORTALITY TABLE (being simll. ir to th ose In use by all Assu Act!. ranee ( jnices.) Auk. Auk. AfiK. Atat. Ara?. AtiH. 1,000 IV'rsoiis li\'ing at . , , , • 25 30 35 40 45 50 55 Will each live on an .\vcragc — .some living a shorter time, some a Ycnra. Ye:ir,s. Years. ^.•lr■.. Ve.lls. Years. Years. longer time (being tlic ICxi'l-XTATioN of LiiK) 38 34 3« 2S 24 21 kS Nu. living. No. living. No. living. No. living. .No. living. No. living. i\i). living. Iliit tile Actual Xtimber who wUl live to the above average period is 527 S3 1 519 505 514 500 4S9 I'ive \'ears beyond the average period Survivors will be . . . . 432 43" 409 3S2 3S0 3.?' 323 'I'en Years do. do. do. .... J27 3i« 286 252 242 206 170 Fifteen Years do. do. do. .... 216 202 168 •33 XI9 SO S8 Ami so on till the Kxticinitv of Life. t } I ! A COMPARATrVIlLY SMALL OUTLAY ONLY in required for a I'olicy, as a consider ible portion of the I'remiiim.H necessary to i••. .11 IJ 41 .n n 71 .n UOJ .14 1.1 4'' :u 1.1 "7 ,)!■ 14 15 .1; 14. ''O H 14 CJJ 11 IS 41 4 » \SM. 41 ll,.jS lUirnturlt |iiivmt.tit« A.,h. 4» 4) 44 4S 4'" 47 4'< Ji 5J frviiiiiim. # t ift.'ii 17.51 iS.1.1 18.78 19. JI 30.34 31.01 31. »3 33.71 3}. 61 MS.) \n%. I'rciitiinii » c. 53 3J.50 36.53 54 '5I »7-57 38.6) % »977 .I"- 94 ,W 13.34 to .1.1 •*» In 3}. 08 16.66 03 tc. clc. ■if I'l ..iiiliiiitN iiih; i»' ariKiiiie'l. 'I'Wl I TIIIKhS iiiily iic(m1 111.' p.iid, lui- the (irst 'I'KN \1';.\RS' I'rciimiiiis lor I'dlicics ol'/'joo Stg. "r aliovc, mi lives iml ulilci lli.m i;i;,— tlic icliuiiiiiiig tliiiil being .illinved to lenwiii impaiil as Iciiin as the Assiiiud please. Special Attention is directed to the NEW SYSTEM of NON-FORFEITABLE PREMIUMS, irmarkiihlc its ^iiMirin;^ the Policy holder iij^ainst loss of Premium, should he discontinue future f>a\mculs for his J'olicy. ^UMS Assured payable at Death, with further Benefits from Profits. PREMIUM PAYMENTS ONLY for a FIXED TERM of YEARS in the EVENT of LIFE. / f rOT< K\KK\' /l(K> sTi;., WJIM I'l;olJ|!( — ,\,NNeAI. 1M(15-57 15-94 16.30 16.61 10 * c. 31.1)4 32.35 3J.77 33.30 34.11 34- 5J 35. 10 35-'" 36.13 A.;k. 35 3f' 37 38 19 30 25 Ve.irs. VeniH * e. ■5.45 15.75 16. 13 16.48 16.8s 13-80 15.03 16.87 30.44 ' 36.64 14-11 1 15-33 17.33 30.81 37- '3 '4-41 i 15-63 17.64 31.33 37-63 '4-73 1 15-94 18.01 31. 60 38. 14 15.01J 1 16.30 18-37 33.03 33.67 40 17.21 41 17.64 43 1S.13 43 1S.67 ■14 1.).33 45 19.83 4" 16.67 16,97 ■7-34 17.70 18.07 ■8. 43 18.93 19.40 19..S., 20.50 31.05 47 48 49 Hnir-vtfsrly l>k7mQnt"nrPrt..|lihiiu<< lii»y !<-' itiraliguil. 20 Ye.irs, * c. 18.74 19.04 19.47 19. S3 20. 30 30 . 56 31 .05 21 .60 23.15 23.69 33 30 23.91 24.57 25 JO 36.03 15 10 \ cars. Vii.irs. 33.45 33.81 33. .10 33-67 34-01) 34.51 25.00 35-55 36.15 36.76 27-43 38.10 38.83 39.63 30.39 I c. 39.23 39-77 .10.33 30.93 31-53 32.16 33.81 33 50 .14- "9 34-94 35-7' 36.53 37.37 .18.27 J9-'7 Under the above 'I'alile 'I'WU-'rillKD.S only need be ]> lid of tlie fust ti-ii years' iiremiiiins .... ,. portion with interest to be unpaid su long as the Assureil pleases. I'olicies in Class 11., the reniaiiiing Explanation of Non-Forfoitable Premium System. r.ince) at the death of the person named, wlicnever it may m liv THIS T'l.w the wliole Sum Assured is payable (like an ordinary Assm-.iiice) at the death of the person named, wlicnever it mav liappen, but the I'oliey-holder ee.ises to pay any premuuus after the 10, 15, 20, 25, or 30 years agreed on, and only if he live so long. I-'urther, slunild he resolve to (iisLontiuue the poliey at any time after two jiayments, he will reeeive iu exihanye a I'aid-np I'dlicy for as manv lOths, I5ths, 2oths, 251I1S 01 _^oths of the oiigin.il policy as he has p.dtl preuiiiims : — Thus, if the policy be ^1,000, by annual pavuicnts for iovtars, it may be e.xchanged fiu- a I'aid-up policy (re([uiring no further payments) of the following amount, vi/. : — After 2 vear.s' ))nvmcnts /200 After 6 years' iiavments /.'fioo After 2 years' payments .1^200 3" " 300 400 " 4 " 5 " " 500 The Paid-up policy will participate proportionately in profits for impaid portions of premiums or otherwise. The Great Advantages of this .system are obviou.-. .,,.t ,...., ,., ...^ . ,...^_,-..w.„v., ,.., , , ,.,., ,..,,.,^ ..,,.. .....^ ,„ i,,^ ''■ 1 the eommencement, during and after pavment of the agreed on number oi premiums; but fiuther, bv eai h pavment (after the After 6 years' payments X6°o " 7 " " 700 " 8 " " Soo " 9 " " 900 licfoie the exchange, the original jiolicy nuist be relieved of any debt Xot onlv is the rolicyholder, as usual, assured tor the whole amount of the Policy from the eoiumencement, dnring and after payment of the agreed on number of premiums ; but further, by eai h payment (after the first) he secures uiifaiiitii^ly and finally a proportion. lie part of the Policy, whether or not he elect to go on with the rcm.dniiig pavments ; the Sum .-Vssnred being placed alisoliikly beyond the reach of any possible mistake in the p.iynient of |iremiunis ; tluis, the Policv-hoUler is Completely Protected against Loss of Premiums 1!., where there are almost if, from accidental luission, or inability, or any other cause, he discontinue the payments for his poll Such Policies are unusually v.tluablc and available to the holders; and especially so when taken in t'las no Contlitions or Restrictions as to Occnpalion or Residence. The I'olicies in that Class l)eeoine. in I'act, Absolute Bonds for the Sums Assured payable on Death, and are not liable to be lost or ;illected by any act or omission of the I'olicv-holders, or by the manner or cause of e VALUATIONS, wiiicli are .nade on approved Tables of Mortality, the net Assurance I'remiunis only are taken into account. Thus, by constant independent checks and rigid tests, the utn.ost precaution is adopted to secure the prudent conduct and permanent stal)ility of tiie Institution. It has already paid to its Policy-holders Assurances and Bonuses to the amount of ONE MILLION AND A HALF STERLING, the amount lor last year alone being upwards of One Hundred Thousand Pounds Sterling,