Friendly Societies and Fraternal Orders: A History of the Legislation, Supervision, Mortality Experience, Management, Reforms, Rates of Assessment and Present and Past Financial Condition of the English Friendly SocietiesThe author, 1900 - 135 pages |
From inside the book
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Page 3
... equal sincerity and an even greater earnestness in the desire to uphold and support the Fraternal System of Insurance Protection . I trust that the reading of the following pages will be with that fact always in mind . In the Appendix ...
... equal sincerity and an even greater earnestness in the desire to uphold and support the Fraternal System of Insurance Protection . I trust that the reading of the following pages will be with that fact always in mind . In the Appendix ...
Page 14
... equal to the benefits promised . The great majority of the societies failed to adopt proper rates , refused all advice , resisted and opposed any effort at legislation to improve their financial condition . When a lodge became burdened ...
... equal to the benefits promised . The great majority of the societies failed to adopt proper rates , refused all advice , resisted and opposed any effort at legislation to improve their financial condition . When a lodge became burdened ...
Page 18
... equal level rates . They have finally been forced to levy contributions according to the benefits promised , as determined by valuation of their assets and liabilities . The history of the Friendly Societies has a direct bearing upon ...
... equal level rates . They have finally been forced to levy contributions according to the benefits promised , as determined by valuation of their assets and liabilities . The history of the Friendly Societies has a direct bearing upon ...
Page 35
... equal value . The following is a summary of the valuation balance sheets of lodges . As in pre- vious reports this summary is shown in the form of a consolidated valuation balance sheet . SUMMARY OF VALUATIONS , AS AT DECEMBER 31 , 1894 ...
... equal value . The following is a summary of the valuation balance sheets of lodges . As in pre- vious reports this summary is shown in the form of a consolidated valuation balance sheet . SUMMARY OF VALUATIONS , AS AT DECEMBER 31 , 1894 ...
Page 39
... equal to a rate of mortality of 13.0 per 1000. In 1898 it was 12.4 per 1000 . The average rate of mortality for the last five years has been 12.2 per 1000 . During the year 1899 , 4,310 members ' first wives died , and the number of ...
... equal to a rate of mortality of 13.0 per 1000. In 1898 it was 12.4 per 1000 . The average rate of mortality for the last five years has been 12.2 per 1000 . During the year 1899 , 4,310 members ' first wives died , and the number of ...
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Friendly Societies and Fraternal Orders: A History of the Legislation ... Abb Landis No preview available - 2015 |
Common terms and phrases
Accumulated Fund actuary adopted age of entry amount Ancient Order annual return Annuity apply appointed attained ages average bers calculation cent certificate Chief Registrar committee cost of insurance death benefits district Doctrine of Chances equal EQUAL PAYMENTS exceeding experience fact Fraternal Orders funeral benefits Funeral Fund future premiums High Court Institute of Actuaries Insurance Cost interest level and uniform level premium level rate levy lodges Manchester Unity meeting membership National Fraternal Congress number of members old members Order of Foresters paid payment person pounds premium deficiency Premium Reserve present value principles probability of dying purpose rates of assessment rates of contribution reforms registered society registry relief respect rules Scotland Sick and Funeral sickness and mortality sickness benefits Single Premium society and branch society or branch step-rate tables of contributions thereof tion trustees valuation whole life insurance yearly
Popular passages
Page 77 - Any person, officer, member or examining physician who shall knowingly or wilfully make any false or fraudulent statement or representation in or with reference to any application for membership, or for the purpose of obtaining any money or benefit in any association transacting business under this Act, shall be guilty of a
Page 68 - return) of the receipts and expenditure, funds, and effects of the society or branch as audited. (2.) The annual return must— (a) show separately the expenditure in respect of the several objects of the society or branch; and (3.) The society or branch shall, together with the annual return, send a copy
Page 74 - a registered society or branch or an officer or member thereof •wilfully neglects or refuses to do any act or to furnish any information required for the purposes of this Act by the chief or other registrar or by any other person authorised under this Act, or does anything forbidden by this Act : or
Page 77 - such holder, and any person who shall wilfully make any false statement in any verified report or declaration under oath required or authorized by this Act, shall be guilty of perjury, and shall be proceeded against and punished as provided by the statutes of this State in relation to the crime of perjury. Sec.
Page 70 - age as a member. (2.) Any such member may, if he is over sixteen years of age by himself, and if he is under that age by his parent or guardian, execute all instruments and give all acquittances necessary to be executed or given under the rules, but shall not be
Page 7 - of the several members of every such Society, or by voluntary Contributions, a Stock or Fund for the mutual Relief and Maintenance of all and every the Members thereof, in Old Age. Sickness, and Infirmity, or for the Relief of the Widows and Children of deceased Members.
Page 68 - accounts and vouchers relating thereto, and shall either sign the annual return as found by them to be correct, duly vouched, and in accordance with law, or specially report to the society or branch in what respects they find it incorrect, unvouched, or not in accordance with law.
Page 76 - Sec. 4. Every such Association doing business in this State shall, on or before the first day of March of each year, make and file with the Commissioner of Insurance of this State a report of its affairs and operations during the year ending on the
Page 77 - of the court ; and any person who shall wilfully make a false statement of any material fact or thing in a sworn statement as to the death or disability of a certificate holder in any such association for the purpose of procuring payment of a benefit named in the certificate of such holder, and any person who shall
Page 73 - (2.) The application under this section shall be supported by such evidence, for the purpose of showing that the applicants have good reason for requiring an inspection to be made or meeting to be called, and that they are not actuated by malicious motives in their application, and such notice thereof shall be given to the society, as the chief registrar directs.