Page 164 - Canadian Dominion Directory 1871 - Partie 1-fusionné
P. 164
MONTREAL. 173
HALF CREDIT SYSTEM.
The Company grants assurances on the following plan :•—Half of the Annual Pre-
mium will be received for the first five or seven years, the remaining half, with interest,
being chargeable as a debt on the policy, to be paid off when convenient, or, at the op-
tion of the assured, to be deducted at settlement of claim.
Assured are at liberty to pass from any part of North America to any part of Europe,
tvithout extra charge.
PROTECTIVE ASSURANCES.
WHOLE-WORLD LICENSE.
Persons accepting Life Assurance Policies as a security for Money advanced, gene-
rally run the risk of the party going beyond the limits of his Policy, and incurring a
forfeiture. The COLONIAL COMPANY are ready to grant Policies, at a slightly increased
rate of Premium, (varying from 5s. to 10s. per cent.), covering the risk of a party
proceeding to any part of the world at an after period, provided always the Com-
pany are satisfied that the party has no intention of going to an unhealthy climate.
The risk to commence on a child attaining Eighteen or Twenty-one years of age,
with liberty to live in any part of the world. * As all Premiums are compensated before
the risk commences, the Assurance becomes a simple'promise to pay, on the death of
party, unconditionally.
ASSURANCE FREE AT EIGHTEEN—ASSURANCE FREE AT TWENTY-ONE
WITHOUT PROFITS. WITHOUT PROFITS.
birth-day. Single Pre- Annual Prem. j birth-day. Single Pre- Annual Prem.
mium ceasing at 18. mium ceasing at 21.
£ S. d. £ s. d. £ s. d. £ s. d.
1 19 17 6 1 16 6 1 17 16 2 1 9 3
6 29 4 0 2 19 i—i 6 26 3 3 2 4 6
11 35 2 9 5 11 2 11 31 9 9 3 13 5
The assured may participate in profits on payment of a very slightly increased
Premium.
TO PARENTS AND GUARDIANS.
The Endowment System of Life Assurance now adopted by the COLONIAL LIFE
ASSURANCE COMPANY, cannot fail to be appreciated by those, who wish to make pro-
vision for their children in after life. A young man, on attaining Eighteen or Twenty-one
Years of Age, can have no more valuable gift or endowment than a Policy untrammelled
by conditions and unburdened by payments of any kind.
Policies opened under the above scheme will be purchased by the Company at an
equitable rate at any time after the Assurance comes into effect, namely, at 18 or 21
respectively, so that, if the Assurance is not required, the Policy has the effect of secur-
ing an endowment.
WILL. THOS. THOMSON, Actuary.
H. J. WILLIAMS, Secretary.
A. DAVIDSON PARKER, Manager, Canada.