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The oldest fire and marine insurance company in America (1885)
Part of the American Term Life Insurance History Project
Term Life Insurance

INSURANCE COMPANY OF NORTH AMERICA.  1R7

9.

A PHILADELPHIA MAKLN-E POLICY or 1749.

  
In the name of GOD, Amen, I JOHN KIDD of the City of Philadelphia,
Merchant HAVE made Aflurance, and caufe to be aflured (Loft or not Loft) at
and from THE PORT OF PHILADELPHIA TO LONDON upon all kind of lawful
Goods, CASH or Merchandize, laden or to be laden upon the good SHIP called
the GRIFFIN of the Burthen of         Tons, or thereabouts, whereof is Matter
under GOD, for this prefent voyage JOSEPH ARTHUR or whofoever eife fhall go
for Matter in the taid Ship, or by whatfoever other Name or Names the fame
Ship, or the Matter thereof, is, or shall be named or called, beginning the
Adventure upon the taid lawful Goods or Merchandize, at and from THE
PORT OF PHILADELPHIA aforetaid and to fhall continue and endure until the
laid Goods and Merchandizes (hall be tafely landed at LONDON aforefaid.  And
it  fhall   and  may  be  lawful   for  the   taid  Ship,  in  her  Voyage,  to  proceed
and fail to, touch and (lay at any Ports or Places, if thereunto obliged by
ftrefs  of Weather, or  other unaroidable Accident,  without  Prejudice to  this
Inturance.   Touching the Adventures  and  Perils,  which  we the Aflurers
are contented to  bear, and do take  upon us  in this Voyage, they are, of
the  Seas, Men of War, Fires, Enemies, Pirates,  Rovers, Thieves, Jettefons,
Letters of Mart and Counter Mart, Surprifals, Taking at Sea, Arrests, Restraints
and Detainments of all Kings, Princes or People of what Nation, Condition or
Quality foever, Baralry of the Mafter and Mariners, and all other Perils, Lofles,
and Misfortunes, that have or fhall come to the Hurt, Detriment or Damage of
the taid Goods or Merchandize or to any Part thereof.   And in case of any
Lofles or Misfortunes, it fhall be lawful to and for the Aflured           Factors,
Servants and Afligns, to tue, labour and travel for, in and about the Defence,
Safeguard and Recovery of the taid Goods and Merchandize, or any Part thereof,
without Prejudice to this Inturance;  to the Charges whereof we the Aflurers
will contribute each one, according to the Rate and Quantity of his turn herein
aflured.   And it is agreed by us the Aflurers that this Writing or Policy of
Aflurance, shall be of as much Force and Effect, as the fureft Writing or Policy
of Aflurance heretofore made in Lombard-Street, or elsewhere in LONDON,
and to we the aflurers are contented, and do hereby promite and bind ourtelves
168                 A HISTORY OF THE
each one for his own Part, our Heirs, Executors and Goods, to the Aflured THEIR
Executors, Adminiftrators and Affigns, for the true Performance of the Premifles,
confeffing ourfelves paid the Confideration due unto us for this Aflurance, by the
faid Aflured or HIS Affigns, at FOUR y CENT.
In Witnefs  Whereof, WE the Affurers have fubfcribed our Names and turns
    Aflured in Philadelphia, the TWENTY-FIFTH Day of APRIL, one Thoufand
    Seven Hundred and Forty-NiNE.
Memorandum.  // is agreed by and between the AJfured and AJJurers, that in Cafe
    
of any Lofs above Five per Cent., there jhall be no Abatement.   But that in
    Cafe of any Average Lofs not exceeding Five Pounds per Cent., the AJfurers,
    by Agreement, are not to pay or allow any Thing towards fuch Lofs.
It  is further  agreed. That  if any  Difpute jhall arife, relating to  a  Lofs  on this
    POLICY, it jhall be referred to two indifferent Perfons, one to be chofen by the
    AJJured, the other hy the AJfurer or AJJurers, who jhall have full Power to
    adjuft  the fame;  but in Cafe they cannot agree, then fuch two Perfons fh all
    chufe a Third, and any two of them agreeing, jhall be obligatory to both
    Parties.
It is agreed afso between the AJJured and AJJurers, That in Cafe of Lofs the Money
    
jhall not be paid until the  Expiration of three  Months after Proof is made
    of the fame.
£200.  Two HUNDRED POUNDS, ............ JOHN MIFFLIN.
£100.  ONE HUNDRED POUNDS, .......... SAM: M'CALL, JUN'.
£50.  FIFTY POUNDS,  ................. Auc1 HICKS.
£100.  ONE HUNDRED POUNDS for ARCH'' M'CALL—SAM: M'CALL,