The Sun.
London, England, 1852-12-15 00:00:00

ON THE ORDINARY SYSTEM.

The sum the ordinary
The sum the life Offices would give
ordinary Life him if he were unable
Offices would to pay, or if he omitted
It the His give him for to pay his current
rc!
end of policy the surrender annual premium of
Annual thirty at that or sale Si. 6s. 3d. after he has
.e 'premium yearsarban age, of his policy, paid into their coffers
rig to assure' tilt party in case after thirty 1249/.75.6a., and which
500/.* is fifty of years'paynieuts they have had the use
years old, death amounting to of at compound
00 hewill have will be 249/. 73. 6d. interest,t or in
paid into worth whichtheyhave,the event of his death
the office. had the benefit one hour after such
of at compound omission or inability
intere9t. to pay.
little more
20 rt. 6s. 3d. 2491. 75.6 d. 5001. than 801. woTrinto.
perhaps 901.
ON THE DEPOSIT SYSTEM.
Ifun able to pay, or not
desirous of paying or
omitting topay,thePo-
Hey would still remain
of its FULL value,
522/.28.7d.ti death 11, if
20 years after, no fur-
ther payment beingre-
quired. Ifhowever the
party, from any cause,
wished to cancel the
Policy, he could not
onlydraw out all hehas
put in, via., 2251., but
20 U. lOs Od 225/. '5221.287d 2871. 23.9 d. a certain bonus of 621.
25. 9d. in the bargain,
which is more
than one-fourth of the
whole of his payments,
or he could either draw
out a part, 201. or 501..
diminishing the Policy
only by the assured
value of the sum so
drawn out at the age
when withdrawn. See
pagess and7in detailed
pamphlet, by
F. G. P. Nelson, Esq.

* The rates here selected are those adopted by the English and
Cambrian Office, and advertised in its distinctive features as low
rates of premium, and professedly for the lower and middling classes.
In most offices, particularly the older ones, such as the Scottish
Equitable and the Globe, these rates would be much higher. In the
former of 101. 7s. 6d., with 10 shillings per cent. entrance fee, would
be the rate to insure 5001. at 20 Years of age. In the latter 8/. 13s 4d.,
to insure the same sum. The higher the rate the more in favour of
the DEPOSIT system.
f Money laid out at compound interest DOUBLES ITSELF every four-
teen years.
On comparison of these two tables it will be seen that a person
under the novel system of DEPOSIT assurance can secure the follow-
ing advantages, viz., Ist. For a less sum, paid annually, he can assure
a larger sum in case of death than under the ordinary system.
andly. In the event of a desire to surrender his Policy he can receive
in this Company, by the above example, which applies to all ages,
TREES times as much uon the ordinary system. 3rdly. In the event
of inability or omission to pay, his policy remains still his property,
of the same value as it was, though he cease his current payments
for any number of years ; whereas on the ordinary system, he gets
nothing. 4thly. Should he require to increase or decrease the
amount of his policy he can do so at pleasure. He can, at any time,
by giving a fortnight's notice, withdraw any part from 11. up to the
whole amount of his previous payments and with interest. After he
has withdrawn part one year he can, by a single payment, three
years, or any time afterwards. raise his policy to a greater or even
its former amount ; and by this system be can at all times regulate
his annual savings by his annual expenditure, with the facility in the
bargain of having a fund to fly to in case of necessity, the same as
in a bank, with this palpable advantage, however, that he gets inte-
rest for his money, and in case of death his family receive more than
the amount of his savings. In ordinary Life Offices be can do no
such thing, but his policy at once lapses or is cancelled the moment
he ceases to pay his current premiums, and, instead of having any
fund to fly to for aid, all his hard-earned savings become forfeited to
the society, and his misfortunes serve to benefit the pockets of his
more fortunate co-assurers.
Such a system is too equitable and too striking to be overlooked
and DEPOSIT assurance is the only system Af.
assurance which can be
universally recognized and adopted when the principles are impar-
tially canvassed, and its palpable benefits become widely diffused. It
confers greater advantages than a bank because it allows a fair rate
of interest in case of withdrawal, and gives twice the amount in the
hands of the Company to the representatives of the Depositor in
case of death. thus combining the
ADVANTAGES OF A BANK WITH THE BENEFITS OF
AN ASSURANCE COMPazry.
In case of endowment assurances the advantages of the DE?OS
system are still more striking.
"E. THE ORDINARY
ADVANTAGES OF THIS COMPANY U
LIFE ASSURANCE BRANCH.
To those who prefer this branch Policia are
granted from 201. to
5,0001. on every known principle thereof.
Lives in all but the worst stages of disease, and such as have been
are taken at rates equivalent to the
rejected by other Offices,
parti-
cular disease. granted on eve
Loans from 501. and upwards ry kind of security,
real or personal, on the most equitable terms to the borrower
Annuities of every description granted on very favourable terms.
Non-forfeiture of a Policy.—ln case of inability to pay the currant
premiums, the Directors will either purchase the Policy at a fair
market value, or give a new one in lieu thereof, less 5 per cent., inte-
rest corresponding in amount to the whole of the previous payments
which have been made.
Detailed prospectuses with tables in further illustration of
onus De-
posit system, and any further information may be obtairred ppli-
, cation to the Agents in the country, or to
CHARLES W. BEVAN, Resident Secretary.

N. B.—Agents Wanted in all parts of the World.

[ADVERTISEMENT.]—DEAFNESS.—NEW DISCOVERY.-
39, Albemarle-street, Piccadilly. Observe, opposite the
York Hotel. The Organic Vibrator, an extraordinary
powerful, small, newly-invented instrument, for deafness,
entirely different from all others to surpass anything of the
kind that has been or probably ever can beproduced, being
of the same colour as the skin, is not perceptible ; it en-
ables deaf persons to hear distinctly. at church and at public
assemblies ; the unpleasant sensation of singing noises in
the ears are entirely removed ; and it affords all the assist-
ance that possibly could be desired. The Royal Exhibition
—Valuable newly-invented, very small powerful waistcoat
pocket glass, the size of a walnut, to discern minute objects
at a distance of from four to five miles, which is found to
be invaluable, for yachting, and to sportsmen, gentlemen,
and gamekeepers. Telescopes, possessing such extraordi-
nary power, that some 3i inches, with an extra eye piece,
will show distinctly Jupiter's moons, Saturn's ring, and
the double stars. They supersede every other kind, and
are of all sizes for the waistcoat pocket, shooting, military
purposes, &c. Opera and race-course glasses with wonder-
ful power; a minute object can be clearly seen from 10
to 12 miles distant. Invaluable newly-invented spectacle.
—S. and B. Solomons, Aurists and Opticians, 39, Albe-
marle-street, Piccadilly. Observe, opposite the York Hotel.