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The Pamphlet Collection of Sir Robert Stout: Volume 78
Government Life Insurance
Government Life Insurance.
The Pall Mall Gazette says:—
"It may be held as a sort of keynote that with a really good office giving a fair bonus and having a suitable system of allotment the sum receivable at the maturity of an Endowment-assurance Policy will be equal to all the premiums paid with compound interest at something between 2½ and 3 per cent."
The Government Insurance Departments Policies more than satisfy the above test, as they generally earn 3 per cent, and often more, according to the age of the policyholder.