OLD MAIDS’ INSURANCE SOCIETY
A scheme is on foot in London for starting an old maids’ insurance society. This would be a novelty in England, but in Denmark several institutions of the kind have been in existence for some time, and have been found to work very well. The societies, of course, do not guarantee that their lady clients shall all be married, and so be insured, against the loneliness of a single life; they are benefit societies pure and simple. The premiums vary according to the age of a lady joining such a society, and if they remain unmarried until they are forty they are entitled to ah annuity. If, however, any lady
marries, whether before forty or afterwards, they forfeit all the preiums they have paid, the amounts going l to swell the general fund for the benefit of the unmarried. In this way enforced spinisters of slender means are enabled to make some provision for themselves in their old tl g e -
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https://paperspast.natlib.govt.nz/newspapers/SOCR18940331.2.18
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Southern Cross, Volume 1, Issue 35, 31 March 1894, Page 7
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165OLD MAIDS’ INSURANCE SOCIETY Southern Cross, Volume 1, Issue 35, 31 March 1894, Page 7
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