INTENDING Life Assurers are respectfully invited to compare the
principles, rates, and whole provisions of the SCOTTISH PROVIDENT
INSTITUTION with those of any existing company.
In this Society the whole profits are divisible among the
policy-holders, who are at the same time exempt from personal
liability. It claims superiority, however, over other mutual
offices in the following particulars.
1. Premiums at early and middle ages about a fourth lower. See
specimens below.(*)
2. A more accurate adjustment of the rates of premium to the
several ages.
3. A principle in the division of the surplus more safe,
equitable, and favourable to good lives.