Note 203 — Chapter X

Thus, at the age of thirty, a person with 8l. 14s. 9d. to spare may buy an assurance of 20l. to be paid at death. Two or three years afterwards, and after a prosperous interval, he may be disposed to increase that amount to 25l., 40l., or 50l. Suppose the latter sum, and he has attained the age of thirty-three, he pays down another sum of 13l. 13s. 10d., and then finds himself insured by these two single payments in the sum of 50l. whenever death may occur. Of course he may stop here; but he may also, if he thinks fit, go on adding, at such intervals and in such amounts as may best suit his convenience, to his original policy, till at last it acquires the value of 100l.