The Archive · 1922

Life Insurance Rates in China

To the Editor of the "Norra-Catna Dairy News."

Sar,—My attention is arrested by the letter from A.H.S. of Hankow who with many others is interested in life insurance. For men of moderate means life insurance is tremendously important and the knowledge that there is a British society that issues cheap, safe and up-to-date policies, free from all restrictions as to residence, travel and occupation will, I think, interest many of your readers.

As the society in question never pays and in its 87 years never has paid sixpence commission to anyone, there is nothing in this for me. We merely want more members for our mutual general advantage. More members, more money; more money, lower premium all round. The society does not advertise and has no office or agency outside London.

For the last three years the following annual averages have obtained Premium Income £176,694.5. 9 Allowance in reduction of premiums 56,951.14.2 Expenses of management _12,678.0. 6 Claims paid 141,661.11.8 There are no shareholders whose gaping pockets are (sometimes) the Directors' first consideration.

impossible to return to thd policy-If there wore it would ba quite

Text read from the printed page and cleaned; old type leaves the occasional error.

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