On the value of annuities and reversionary payments Volume 2 ; with numerous tables

On the Value of Annuities and Reversionary Payments #2

by David Jones

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1843 ...or personal property--officers in the army and navy--clergymen--professional men--merchants--tradesmen--and persons of respectability and character, may, if assured in this office, obtain advances for periods varying from three months to any other specified period; and in amounts of £50 and upwards, upon the following freehold and leasehold property in England, and the corresponding description of property in Scotland, either to be assigned, or deposited upon equitable mortgage; upon reversions, annuities, pensions, or any other description of assignable property or income, of adequate value. Upon personal security, by the borrower procuring two or more responsible sureties to join him in a bond, or other security for repayment, and on condition of the life of one of the obligants being assured. Upon the security of policies effected by parties with this association, according to the value at the time of the loan. By allowing the assured to retain a portion of their premiums at interest. EQUITABLE. Mutual Assurance Company. Established A.d. 1762. New Bridge-street, Blackfriars. Prior to the establishment of the Equitable in Sept. 1762, no offise for granting life assurances existed which deduced the premiums payable thereon from scientific principles. This office at its commencement was supplied by Mr. Dodson with tables of premiums calculated from the probabilities of life according to the mortality in London for 20 years. This term for greater security included the year 1740, when the mortality was almost equal to a plague, so that the premiums were higher than they ought to have been according to the ordinary rate of mortality in London itself. In 1776, in consequence of its having been ascertained that the probabilities of life in...

60 pages, Paperback

Published January 1, 2012

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