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316 LIFE ASSURANCE ,
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
. . One Theee That Cannot Appeals Possib...
charitable institutions . Now although no form of Life Assurance can remedy the situation of these hapless adultsyet its practice is
, who earnes ma tly y commended have children to and mothers young and 1 persons wives , dep indeed endent to up al on l w them omen .
Numbers of parents are at this very time wasting week by week in superfluities of the most trivial and useless description the means
of keeping their children from becoming penniless adventurers or destitute women .
Under ordinary assurance husbands may make more or less provision for wives and daughters , a brother for his sister , or a
master for a favorite servant , by leaving a sum of money at death . Joint _Assurance is a highly useful form of Life Assurance , as it
enables married couples , brothers and sisters , attached friends , partners in businessdebtors and creditorsto provide a resource
against nearly all the , contingencies of lif , e and trade , as by this method two or more lives may be assured for certain benefits at the
decease of one of them . There are three classes of annuities—immediatedeferredand survivorship .
Under , Immed , iate or Deposit _Assurances , a certain sum is paid to the officewhich immediately begins paying the assuredor any
one he may , appoint , a yearly annuity for life . , Deferred Annuities are payable on and after the attainment of a
certain age , either in consideration of a sum paid down or deposited , or for premiums paid at regular intervalsalso for life .
, Survivorship Annuities are paid to the survivor of two lives who have been assured under one policy , on the same conditions as the
above . The Annuity system is of incalculable value to the young of either sex , but especially to young females dependent on their own
exertions , as they may by this means , at a comparatively small charge and by the practice of a moderate economy , provide for their
declining years or ill health ; and it is therefore pointed out to young governessesdress-makersand female domesticsand to all women
dependent , upon their own , exertions . , The Family Endowment form of assurance embraces a very large
class , and if practised to a wider extent would considerably reduce the number of paupers and criminals in our statistical annals . It
offers to parents the method , by some economical saving , of securing ( with a certainty belonging to no other commercial transaction
by such means ) marriage portions for dowerless girls , funds for educating sons or settling them in professions or in business . Young
people may provide for old age , obtain furniture to commence housekeeping with on their marriage , or assistance at periods of their
life when pecuniary aid is most wanting . Indeed so numerous are the facilities offered by this beautiful system of Life Assurance in
every branch , that it becomes a most serious reproach to the present age to add that only one of every twenty heads of families has
availed himself of so elastic a principle that it extends to nearly
all the pecuniary " ills that flesh is heir-to . "
316 Life Assurance ,
316 LIFE ASSURANCE ,
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Citation
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English Woman’s Journal (1858-1864), Jan. 1, 1859, page 316, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/ewj/issues/ewj_01011859/page/28/
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