By combining an INSURANCE, an INVESTMENT, and an ANNUITY, OFFER SPECIAL ADVANTAGES TO INSURERS. To illustrate the practical working of Policies on this plan, the following is one of the Estimates which have been prepared. The age 38, at entry, at which the calculations are made, is selected as being a fair average age, but the results at different ages of entry, and in different classes of Policies, must necessarily vary from these given, in the same manner that Dividends and Reserves on different classes of Policies vary. Estimate-ORDINARY LIFE-20-Year Tontine Policy. EXAMPLE: A person aged 38, by the Annual Payment of £29. 35. od., can secure for 20 years an Insurance of £1000, and then either A Cash Payment of £1,045 0 0 An Annuity for Life of £110 5 0 Or a Paid-up Policy for £1,970 0 0* * For full particulars, see Prospectus, ANNUAL BONUS POLICIES. Besides combining the Tontine System with all the ordinary plans of Insurance, the Company issues Policies on the following plans, with Annual Bonuses: ORDINARY LIFE. On this plan the Premi ims are continued during the life-time of the Assured, and the amount is payable at death. LIMITED PAYMENT LIFE BY 10, 15, OR 20 YEARS' PAYMENTS. On these plans the Premiums cease in 10, 15, or 20 years (according to plan originally chosen), the amounts being payable at death. These Policies continue to participate in Bonuses after all the Premiums have been paid on them. ENDOWMENT BY 10, 15, OR 20 YEARS' PAYMENTS. On these plans the amounts are payable in 10, 15, or 20 years (according to plan originally chosen) to Assured, or in case of previous death to their representatives. ANNUITIES. This Company grants ANNUITIES upon more favourable rates than British Companies, the higher rate of interest obtained by their investments in first-class American securities enabling them to do so. COMPARATIVE ANNUITY RATES. The following is a comparison of the NEW YORK Company's Rates, and the average Rates of British Companie: The following Policies were taken out at the London Office of the NEW YORK LIFE INSURANCE COMPANY (76 & 77, CHEAPSIDE), in 1871 and 1872, and having matured, have all recently been paid: Plan-TEN-YEAR ENDOWMENT-10-Year Tontine. NOTE.-The Policy-holder in each case was insured against death dur ng the ten years, and being alive at the maturity of the Policy, HE RECEIVED AN AMOUNT EQUIVALENT TO THE REFUND OF ALL HE HAD INVESTED, WITH NEARLY FIVE PER CENT. COMPOUND INTEREST; THUS HIS INSURANCE DURING THE TEN YEARS COST HIM NOTHING. POLICIES taken on 15 and 20-Year Endowment-Tontine Periods, are much more remunerative, as the following examples from the Company's estimated results show:FIFTEEN YEAR ENDOWMENT-15-Year Tontine Policy. EXAMPLE:-A person aged 38, by the Annual Payment of £68. 14s. 7d., can secure for 15 Years an Insurance of £1000, and then either :- TWENTY-YEAR ENDOWMENT-20-Year Tontine Policy. EXAMPLE:-A person aged 38, by the Annual Payment of £50. 175. 2d., can secure for 20 Years an Insurance of £1000, and then either By combining an INSURANCE, an INVESTMENT, and an ANNUITY, OFFER SPECIAL ADVANTAGES TO INSURERS. To illustrate the practical working of Policies on this plan, the following is one of the Estimates which have been prepared. The age 38, at entry, at which the calculations are made, is selected as being a fair average age, but the results at different ages of entry, and in different classes of Policies, must necessarily vary from these given, in the same manner ¦ that Dividends and Reserves on different classes of Policies vary. Estimate-ORDINARY LIFE-20-Year Tontine Policy. EXAMPLE:-A person aged 38, by the Annual Payment of £29. 35. od., can secure for 20 years an Insurance of £1000, and then either A Cash Payment of £1,045 0 0 An Annuity for Life of £110 5 0 Or a Paid-up Policy for £1,970 0 0. For full particulars, see Prospectus, ANNUAL BONUS POLICIES. Besides combining the Tontine System with all the ordinary plans of Insurance, the Company issues Policies on the following plans, with Annual Bonuses: ORDINARY LIFE. On this plan the Premi ims are continued during the life-time of the Assured, and the amount is payable at death. LIMITED PAYMENT LIFE BY 10, 15, OR 20 YEARS' PAYMENTS. On these plans the Premiums cease in 10, 15, or 20 years (according to plan originally chosen), the amounts being payable at death. These Policies continue to participate in Bonuses after all the Premiums have been paid on them. ENDOWMENT BY 10, 15, OR 20 YEARS' PAYMENTS. On these plans the amounts are payable in 10, 15, or 20 years (according to plan originally chosen) to Assured, or in case of previous death to their representatives. ANNUITIES. This Company grants ANNUITIES upon more favourable rates than British Companies, the higher rate of interest obtained by their investments in first-class American securities enabling them to do so. COMPARATIVE ANNUITY RATES. The following is a comparison of the NEW YORK Company's Rates, and the average Rates of British Companin |