THE EQUITABLE BONUS.
The valuation made at December 31st last by the Equitable Life Assurance Society gives most excellent results; and the Society is able to declare the highest rates of bonus in its_ history since quinquennial distribution periods were adopted. Bonuses are allotted on a scale rising--with the age of the policy. Whole-life policies up to ten years in force receive £75 per £1,000 ; a policy which has been twenty years in force receives £150 per £1,000 ; and those forty years in 'force receive £300 per £1,000. On endowment assurances the bonus is £15 per £1,000 of the existing sum assured and rever- sionary bonuses, with the addition of £7 10s. per 11,000 of sum assured in the event of survival for -the term of the endowment assurance. Policies issued in or before 1914 a10. receive £40 per £1,000 of sum assured, .payable on survival only, and policies issued in 1915 receive £29 per 21,006 on the same principle. Confidence is also expressed in the report in the ability of the Society to maintain these rates under normal conditions.
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