Address by the Manager of the Scottish Widows' Fund, and Life Assurance Society

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Excerpt from Address by the Manager of the Scottish Widows' Fund, and Life Assurance Society: Instituted January 2, 1815, Containing an Account of the Origin, Constitution, and Progress of the Society, Read at 15th General Anniversary Meeting of the Society, Held on 15th January 1829 Life assurance, viewed in its most abstract form, as a contract between two parties, the one engaging, in consideration of a stipulated premium, to grant a certain indemnity to the Other in the event of the happening of some contingency depending on the termination of life or survivorship, is of very' considerable antiquity. There exists evidence of its having been known in France so early as 1661 but it was long viewed in that country as an illegal contract, and still continues, it is behaved, to be considered in this light by several of the contineu tal states in Europe.' About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.