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History of Life Assurance in the United Kingdom (Continued)

Published online by Cambridge University Press:  18 August 2016

Extract

The second life assurance project in 1710 to be noticed is the following.

2. This day (16th December 1710) are published from the Office, at the Wheat Sheaf, over against Tom's Coffee-House in Russell Street, Covent Garden, proposals for the benefit of the Clergy and Widows of Clergymen, by a Joint Contribution, whereby a Clergyman by a Contribution of 10s. (as in the proposals is at large expressed) may be entitled to the sum of £750 on his being instituted and inducted into a Rectory or Vicarage in England or Ireland, or sent as a Missionary by the Corporation of the Society for Propagating the Gospel in Foreign parts; or by a Contribution of 5s. may be entitled to the sum of £375, or by a Contribution of 2s. 6d. to the sum of £187.10s., in the cases aforesaid, with other advantages for the Widows and Children of the Contributors.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1886

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