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The Pamphlet Collection of Sir Robert Stout: Volume 78

(1) Family Protection

(1) Family Protection.

If death occur in the first year of assurance, the account stands thus :—
£ s. d.
Paid in Premiums (age 20) 44 10 10
(or)
Paid in Premiums (age 30) 45 17 6
(or)
Paid in Premiums (age 40) 48 10 0
against
Sum Assured 1,000 0 0
Bonus 10 0 0
£1,010 0 0

There thus remains a large balance of over £960 in favour of the transaction, and the longer the policyholder lives and the more premiums are required, the more bonuses are added.