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On the French Life Assurance Companies
Published online by Cambridge University Press: 18 August 2016
Abstract
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- Correspondence
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- Copyright © Institute and Faculty of Actuaries 1851
References
page 95 note * Since writing the above, I have seen the prospectus of the United Service and General Life Assurance Association, and find therein a notification of a similar scheme.—H. W.P.
page 96 note * The rates of premium given in the Table as those of the Royal Exchange, are the Northampton rates, still used by the Equitable Society, and many of the older Companies. These rates of the Alliance appear to be deduced from the Carlisle Tables at 4 per cent, with 40 per cent. added. The premiums charged by the French Companies approximate still more nearly for the whole continuance of life, to those obtained from Farr's English Life Table, (census 1841), at 3 per cent., with 20 per cent. added to the pure premium, as may be noticed in the following comparison of the latter. Age 30, £2 9s. 4d.; Age 40, £3 5s. 6d.; Age 50, £4 13s. 0d.; and Age 60, £7 7s. 1d.—(ED. A. M)