The Archive · 1922

Life Insurance Rates in China

To the Editor of the "Norrs-On1na Datty News."

Sirn,—"'Waiting'" asks if my Society is prepared to issue policies to applicants actually resident in Shanghai on the same terms as to people living in_England. The reply is in the affirmative. The policy I took out in 1917 (age 424) carried a premium of £3.12.1 per £100. I was examined in Shanghai. The policy: now hold carries a premium of £4.2.7 per £100 (age 464). On this occasion I was examined in London and the Society knew I was returning to China. Both these premia are the exact amounts listed in the general prospectus.

Condition 6 on the face of my policy reads: "The assured -is free from all restrictions as to residence, travel and occupation."

I again invite comparison of the rates given above with rates offering in most life offices, bearing in mind that our rates are reduced after five years by, 34 per cent. or more. The basic principle of our Society is that it requires from members of five years standing only such a proportion of the, full premium as will suffice, with the reserves in hand, to pay the claims as they fall in.

I have had so many inquiries about this society that I am giving its name and address in your advertisement columns and will consider the money well spent if it leads only: one or two moffest salaried men to protect their families safely and cheaply.

T am, etc.,

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

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