A Table of the Insurance Office at the Back-side of the Royal-Exchange,
Shewing
The Premuim, or Rate of Insurance for Brick-Houses (the same to be reckoned Double for Timber) from One Pound per Annum Rent to an Hundred, for the Term of Twenty-One Years, or Under, which is Six Pence in the Pound-Rent for one Year, and to Discount by way of Purchase; that is, Five Years Paid down for Seven Years Insurance; Seven, for Eleven; Ten, for Twenty-One. For every Pound-Rent Insured, Ten Pounds is to be paid in Money (which is One Hundred Pounds for Ten Pounds per Annum) which is to be paid as often as the House is Burnt down, or Demolished, within the Term Insured. But if Damaged, then to be Repaired, or the Damage to be paid in Money.
| Pound Rent | Insured for 7. Years. | Insured for 11. Years. | Insured for 21. Years. | Houses Burnt, Money Paid. | ||||||||
| Lib. | l. | sh. | d. | l. | sh. | d. | l. | sh. | d. | l. | sh. | d. |
| 1 | 2 | 6 | 3 | 6 | 5 | 10 | ||||||
| 2 | 5 | 7 | 10 | 20 | ||||||||
| 3 | 7 | 6 | 10 | 6 | 15 | 30 | ||||||
| 4 | 10 | 14 | 1 | 40 | ||||||||
| 5 | 12 | 6 | 17 | 6 | 1 | 5 | 50 | |||||
| 6 | 15 | 1 | 1 | 1 | 10 | 60 | ||||||
| 7 | 17 | 6 | 1 | 4 | 6 | 1 | 15 | 70 | ||||
| 8 | 1 | 1 | 8 | 2 | 80 | |||||||
| 9 | 1 | 2 | 6 | 1 | 11 | 6 | 2 | 5 | 90 | |||
| 10 | 1 | 5 | 1 | 15 | 2 | 10 | 100 | |||||
| 20 | 2 | 10 | 3 | 10 | 5 | 200 | ||||||
| 30 | 3 | 15 | 5 | 5 | 7 | 10 | 300 | |||||
| 40 | 5 | 7 | 10 | 400 | ||||||||
| 50 | 6 | 5 | 8 | 15 | 12 | 10 | 500 | |||||
| 60 | 7 | 10 | 10 | 10 | 15 | 600 | ||||||
| 70 | 8 | 15 | 12 | 5 | 17 | 10 | 700 | |||||
| 80 | 10 | 14 | 20 | 800 | ||||||||
| 90 | 11 | 5 | 15 | 15 | 22 | 10 | 900 | |||||
| 100 | 12 | 10 | 17 | 10 | 25 | 1000 | ||||||
THese are the Rates that were Agreed to at the First Setling of this Office, by those Gentlemen that were Subscribers and Encouragers to this Undertaking, who took the Trouble to see the Security Setled according to the Propositions then made.
The Propositions Were:
THat Two Thousand One Hundred Pounds per Annum in Ground-Rents should be Setled on Trustees, as a Security to make good the Losses of Five Thousand Houses: And after that Number were Insured, Ten Thousand Pounds should be laid out in Ground Rents, to be Added, and Setled as the Former, for the Insuring of Five Thousand Houses more, &c.
The Ground-Rents which are Setled for Security.
THe Ground-Rents of Essex Buildings in the Strand, are One Thousand and Fifty Pounds per Annum: The Ground-Rents of the Buildings on the East-side of St. Martins Lane, from the Strand to the Church-Yard, are about Three Hundred and Fifty Pounds per Annum; several Ground-Rents in Stuart-Street, Duke-Street, and Artillery-Street near Spittle-Fields, to the Value of Three Hundred Pounds per Annum; and several Ground-Rents in Marine Square, and Well-Street near Ratcliff, to the Value of Four Hundred Pounds per Annum; the whole Two Thousand One Hundred Pounds per Annum, which together are a Security to make good the Losses of Five Thousand Houses.
The Trustees Names which Accepted the Trust, Are,
SIr Michael Heneage, Sir William Warren, Sir Richard Haddock, Knights; Peter Rich, Alderman of the City of London; Samuel Dashwood, Alderman, and one of the present Sheriffs of London; William Thompson, George Bradbury, Anthony Sturt, Edward Maynard, Esquires, Mr. Ralph Hartley,Mr. Nathaniel Hawes, and Mr. Rowland Ingram.
The Councel that Approved of the Title of this and the former Security.
SIr Francis Pemberton, Sir Robert Sawyer Attorney General, Sir Edmund Saunders late Lord Chief Justice, and Sir William Jones (since Deceased); Sir Francis Winnington, Mr. William Williams,Mr. John Mosyer, and Mr. Polyxfen.
The Names of the Insurers, Are,
SAmuel Vincent Esq Dr. Nicholas Barbon, John Parsons, Felix Calverd, Barnard Turner, Sabastian Lyford, John Hind, Esquires; Mr. Edward Noel, Mr. John Wilson, Mr. Thomas Price, Mr. Samuel Newton, and Mr. Samuel Tookie; Any Two of them Sealing, make good the Pollicy.