The Pamphlet Collection of Sir Robert Stout: Volume 78
Table F. — Temporary Assurance
Table F.
Temporary Assurance
This is the cheapest form of assurance, and makes provision for a abort period only. A policy under this table is sometimes useful as collateral security to cover temporary advances. It carries no surrender value, and does not sharp in the profits.
The premiums are given for one, three, and five years, but rates for other periods will be quoted on application.
Under this table the proposer is required to pay the amount of the medical fee—£1 1s.
Example.
At age 30 £11 18s. 4d. per annum will assure £1,000, payable in the event of death occurring within five years.