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The Scottish Equitable Life Assurance Society

Published online by Cambridge University Press:  18 August 2016

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Type
Home and Foreign Intelligence
Information
Journal of the Institute of Actuaries , Volume 18 , Issue 5 , October 1874 , pp. 356 - 366
Copyright
Copyright © Institute and Faculty of Actuaries 1875

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References

page 360 note * The additions to policies effected after 1st March 1868 do not vest until the policies shall have been in force for five years.

page 360 note † By a law of the Society passed on 14th November 1867, it is enacted that contingent prospective additions to policies shall be calculated at three-fourths of the vested additions declared at the Investigation immediately preceding the period at which the policies become claims. Contingent prospective additions are therefore entered in the preceding table at 15s. per-cent per annum.

page 361 note * These were included in last year's Account under “Mortgages on Property”.