An annuity in sickness (A) to commence from the time of entering into holy orders may be assured, by payments for the same being made by anticipation, during infancy up to manhood, and as the requisite annual payments for such an assurance are very small, parents and friends of young persons intended for the clerical profession are invited to the consideration of the plan.

Annual premiums to be paid by a father, or other relative, during the infancy of a clergyman's son, and on his account to assure "provision" at the rate of £104 per annum to be due to him from time to time in sickness after his entering into holy orders. The annual premium to be paid until he is 23 years of age, and the assurance to be free from all payments afterwards.

1. Annual premiums upon this kind of assurance will cease when the son has attained the age of 23.

2. The assurance when completed at the time of entering into holy orders will be regulated by the conditions applicable to assurances (A.)

3. If the son for whom the provision is made shall not have entered into holy orders when aged 27, the assurance will cease and all the premiums which have been paid upon it will be returned.

4. If the son dies before 27, not being in holy orders at his death, all the premiums paid upon the assurance will be returned.

5. If the son at the time of entering into holy orders is not of good health and sound constitution, the sum of sixty pounds will be paid to him; and the assurance whereby he otherwise would have become entitled to a provision as above, at the rate of £104 per annum in sickness, will be null and void.

6. Assurances may be made for provision in sickness of £26, £52, and £78, as well as of £104, and premiums paid proportionately.

Illustrations.

The Rev. Thomas Wilkinson has a son, aged four years next birthday, whom he intends for holy orders; required the annual premium which he must pay until his son is 23, in order that his son from the time of entering into holy orders, may be entitled to a provision in sickness at the rate of £104 per annum. Answer, £2. 4s. 8d.

The Rev. John Wilkinson, having entered into holy orders, what will he afterwards have to pay for assurance, as above? Answer, Nothing. What will be returned to John Wilkinson, if he does not enter into holy orders? Answer, £44. 13s. 4d.

Annuities for Old Age. Commencing from 65 and 70. (C. and CC.) In order that clergymen may have a provision ready for general purposes in the decline of life, the following mode of assurance is proposed to them, by which it may be secured at a small annual cost during their days of health and strength.

One-eighth, one-fourth, three-eighths, one-half, five-eighths or three-fourths of the sum above may be assured at proportionate rates.

Observations.

1. Either or both of these assurances may be made by a clergyman and the wife, widow, son and daughter of a clergyman.

2. Any relation or friend may make the assurances on the account of

a clergyman.

3. The annuity, when due, is to be paid half yearly.

4. The whole of the profits to be divided amongst the assurers.

medical certificate required.

Examples.

No

The Rev. William Allfree, aged 28 next birthday, has to pay annually until 65, £7. 8s. 8d. for £104 per annum to be paid to him after 65, until death.

The Rev. Charles Johnson, aged 36 next birthday, has to pay £3. 17s. 1d. per annum until 70, for £65 per annum to be paid to him from and after 70, until death.

Deferred Annuities becoming due at various periods of life, and upon a new plan, which admits of all the money which may have been paid year by year being returned, if the person for whom the assurance is made should die before the age from which the annuity is to commence.

Annuities, K. L. M. N. O. P.

Annual premiums to be paid at, and from the ages specified, for providing deferred annuities of £10 to be paid as stated in the heading of each column. Annual premiums to cease when annuities commence.

The annuity must not exceed £100. If the annuity be double, treble, &c. the amount stated at the head of the table, the annual premiums will be double, treble, &c.

Illustration.

What annual premium will the Rev. Thomas Wilkinson have to pay in order to provide his wife, Eliza Wilkinson, aged 22 next birthday, with an annuity £50 during life, to commence from the day when she will be 45 years of age? Answer, £21. 14s. 2d.

If Eliza Wilkinson should die aged 38, seventeen annual premiums having been paid for her assurance as above, how will it then stand? Answer, £369. Os. 10d. will be returned to her husband, or children, or other relations.

Single present payments may be made in lieu of annual premiums, for all assurances A, B, C, CC, and D, and K to P.

When a child is under three or four years of age, it often happens that it is not sufficiently considered that an additional expense for his or her education will soon begin to press upon the father. The consequence is when the pressure comes, that many comforts now become habitual to a family must be dispensed with in order to meet it. By the plan proposed, education may be made an item of yearly charge from the day of the birth of a child, and the expense being spread lightly over many years, never be burdensome, or occasion any alteration in usual domestic arrangements. Needless expenses during the infancy of children being avoided, necessary expenses during the years of their education will be made easy. Here also the whole of the money which may have been paid, is to be returned if the child should die before the date from which the annuity assured would commence.

Annuities, G. H. I.

Annual premiums to be paid at and from the ages specified for providing deferred temporary annuities of £10 to be paid as stated in the heading of each column. Annual premiums to cease when annuities commence; and if the party on whose account the assurance shall have been made shall die previous to the age from which the annuity would have commenced, the whole amount of annual premiums paid for the same TO BE RETURNED.

Observations.

The annuity must not exceed £100. If the annuity be double, or treble, &c. the amount stated in the table, the annual premiums will be double, treble, &c.

Illustration.

What annual premium will be required to provide the child of the Rev. John Atkins, aged under 2, with an annuity of £50 per annum, from 10 until 18? Answer, £33. 1s. 8d.

If the said child should die before the age of 10, and when six annual premiums of £33. 1s. 8d. each, have been paid for the annuity as above, how will the assurance then stand?

Answer, £198. 10s. Od. will be repaid to his father, or any other relation who may have paid such premiums.

Endowments for Children. (E. U. F. V.)

Capital sums of money are greatly required when children having received their education are to be placed out in the world, &c. &c. &c. A small portion of an income which might otherwise be wholly absorbed in an expenditure not sufficiently restricted for want of thought upon future requirements, will be found very serviceable hereafter, if employed according to the plan of this assurance. All the money which may have been paid for the assurance will be returned if the child should die before the endowment is due.

Endowment, E. U. F. V.

Annual premiums to be paid until age 14, or 18, or 21, or 25, by or on account of children of the undermentioned ages, for securing the sum of £50 to be paid on the parties attaining the age of 14, or 18, or 21, or 25 respectively. The annual premiums paid for the same TO BE RETURNED in the event of the parties dying under 14, or 18, or 21, or 25 years of age.