Age. | Premium per |
Premium per |
Premium per | ||||||
|
₤. |
s. |
d. |
₤. |
s. |
d. |
₤. |
s. |
d. |
Thus, a life not exceeding the age of 30 years, may be insured for 100l. to be paid in case of death within one year, for - - - - - - - - |
₤. | s. | d. | |
1 | 13 | 3 | ||
Within seven years, by paying annually till the insured shall die, or the seven years be elapsed, - - |
1 | 14 | 11 | |
Whenever the death shall happen, by paying annually till that event - - - - - - - |
2 | 13 | 4 |
Another method of insuring for the benefit of survivors, consists in paying an annual premium for a certain sum recoverable on the death of one person named out of two; but, as this mode of securing a competency is doubtless more objectionable to the party that is obliged to pay the annual premium, than either the preceding simple, or subsequent double chance of obtaining an equitable reimbursement, we have been induced to subjoin the following table, which exhibits the premium ot insurance of one hundred pounds, payable when either of two persons shall die within the limits of Europe, but not upon the seas.
Age. | ₤. | s. | d. | Age. | ₤. | s. | d. | |
10 |
2 |
17 |
1 |
40 |
5 |
11 |
9 |
We have purposely omitted, in this table, the intermediate as well as the unequal ages of the parties whose lives are jointly insured;