This is Hyde Daily Photo Volume 1 (2006-2011) which is now in archive mode. For recent photographs please visit Hyde Daily Photo Volume 2. Additional material and links to blogger friends can be found at Hyde DP Xtra.

Wednesday, July 05, 2006

Mutual Life Philanthropic Assurance Collecting Society



This building on Market Street was once the offices of the Mutual Life Philanthropic Assurance Collecting Society.

For the first half of the last century and at least a couple of decades either side, most towns had offices belonging to numerous Insurance Companies and Friendly Societies. Agents of these companies used to visit people in their homes collecting weekly insurance premiums.

Gradually many of the small firms were taken over leaving a core of about twelve companies. As the economic climate changed, smaller offices were closed. The collectors became first salesmen and finally financial advisors. With more and more business being conducted by banks and premiums being paid by direct debit, many Insurance Companies stopped issuing new policies.

This building is now home to an off-licence and grocery store.

2 comments:

~tanty~ said...

Nice building. I like the combination of the color.

lizzy said...

I love this site. I lived in this tweon for 25 years and have never noticed this sign, although I do know the building. I will make sure I check it out next time I am 'home' Lizzy

Unless otherwise stated, all photographs on this site are copyright © 2006, 2007, 2008, 2009, 2010, 2011 Gerald England.

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