at about 40 per cent. of the premiums paid, in a
case were bonuses have been added to a policy,
and about 33 per cent. of the premiums paid in
a case where the bonuses have not been so
applied. For example: a person has paid £25
a year in premiums for ten years -- in all £250 --
on a policy for £1,000, to which has been added
£60 in the shape of bonuses. The surrender
value in such a case would be £100. But if the
insured had taken his bonuses in cash, or his
policy did not carry profits, then the surrender
value would be £82 10s. only.

Any insurance office will lend the insured, on
the security of the policy, an amount of money
not exceeding the surrender value, and the rate
of interest is usually moderate.

In this case there would be no necessity to
abandon the policy, which would be kept alive
and increased by added bonuses as before.


FIRE INSURANCE.

This is a distinct branch of insurance business,
the object being to compensate a person in case
of pecuniary loss through the accidental burning
of his property. By paying annually a com-
paratively small amount in the shape of pre-