The Sun.
London, England, 1852-12-28 00:00:00

SURGEONS.

H. T. Chapman, Esq., 16, Low—er Seymour.strcet, Portman-square.
Michael Tcevan, Esq., 44, Gloucester-place, Hyde-park-gardens.

CONSULTING ACTUARY.
Francis G. P. Nelson, E q., F.L.S.
INSPECTOR OF AGENCIES.
F. P. F. Strousberg, Esq.
STANDING COUNSEL.
William Wellington Cooper, Esq., New-square, Lincoln's-inn.
SOLICITORS.
Messrs. Hill and Mathews St. Mary-axe.
RESIDENT SECRETARY.
Charles W. Bevan, Esq.
The public Is respectfully invited to examine the principles of the
Deposit System of Assurance. which is based upon tables calculated
by, and is under the immediate supervision of, Francis G. P. Nelson,
Esq., F.L S., the Consulting Actuary to the Company.
Comparative Tables to assure 5001 on death, by a person aged
twenty next birthday, on the ORDINARY and on the DEPOSIT system
of Assurances.
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
At the Ms give him for to pay his current
end of policy the surrender annual premium of
Annual thirty at that or sale Si. 6s. 3d. after he has
:8 premium yearswhen age, of his policy, paid into their coffers
;I to assure the party in case after thirty 2491.7 s 6d., and which
500/.* is fifty of years'payments they have had the use
to • years old, death amounting to of at compound
hewill have will be 2491.75. 6d. interestA 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
interest. to Pay.
little more
20 81.68. 3d.,2491.75.6d. 5001. han SOL NOTHING.
perhaps 90/.

ON THE DEPOSIT SYSTEM.
Hun able to pay, or not
desirous of paying or
omitting topay,thePo-
[icy would still remain
of its FULL value
522/.25.7d.ti1l death, 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, viz., 2251., but
20 11.10 S Od 2251. 5221.257 d 2871. 2s. 9d. a certain bonus of 62/.
2s. 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 50/.,
diminishing the Policy
only by the assured
value of the sum so
drawn out at the age
when withdrawn. See
pagess and 7 in 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 midd:ing classes.
In most offices, particularly the older ones, such as the Scottish
Equitable and the Globe, these rates would be much higher. Ia the
former of 101. 75. 6d., with 10 shillings per cent. entrance fee, would
be the rate to insure 5001. at 20 years of ago. In the latter 81. 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.
2ndly. In the event of a desire to stirrender his Policy he can receive
in this Company, by the above example, which applies to all ages,
THREE times as much as on 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 1/. 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 he 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 of 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
ASSURANCE WITH THE BENEFITS OF
AN COMPANY.
In case of endowment assurances the advantages of the DEPOSIT
System are still more striking.
ADVANTAGES OFIFE THIS COMPANY
BRUNDER
NCH. THE ORDINARY
L
To those who prefer this branch Policies 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
rejected by other Offices, aro taken at rates equivalent to the parti-
cular disease.
Loans from 501. and upwards granted on every kind of security,
seal 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 the De-
posit system, and any further information may be obtained on appli-
cation to the Agents in the country, or to
CHARLES W. BEVAN, Resident Secretary.

. .—Agents wanted in all Parte of the World.