7 SEPTEMBER 1839, Page 7

An assurance society, which is intended to combine the usual

busi- ness of similar institutions with time advantages of Sick Clubs or Bene- fit Societies, is about to be established in London, under the title of "The General Life and Invalid Assurance Association, for assuring provision in sickness, in age, and at death," The capital is 500,0001., and the published list of Presidents, Directors, and other officers, is most respectable. The object also is a good one—so far as it is safe to go: but the usefulness of such an institution depends, of course, on its management ; and we foresee considerable difficulty in that part of the plan which provides allowance during sickness. The reality, the de- gree, the causes of ill health, must all be taken into consideration in calculating the premiums.