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THE

REAL

PROTECTORS

OF T H E N A T I O N — The Existing Forces plus the Waterplane

OF

TH E

PEOPLE
The Simple, Liberal, and
Comprehensive Policies
Issued b y the

NORTH BRITISH & MERCANTILE
INSURANCE COMPANY.

E stablish ed 1809.

FUNDS £23,000,000
F u ll in fo r m a tio n o n a p p lic a tio n t o :
'

L O N D O N : 64 T h r e a d n e e d le S treet, E .C .
E D I N B U R G H : 64 P rin ce s Street.
o r a n y o f th e C o m p a n y 's B ra n ch es.