The Sun.
London, England, 1839-03-20 00:00:00

or Island of St. Helena ; and also in time of peace to proceed
from England direct to any of the aforesaid places, and return
from thence once during the continuance of the Assurance,
w:thout paying any additional premium.
Assurances may be effected on the lives of all persons about

proceed to and reside in any part of the world on payment
of a moderate extra premium ; and in all cases the assured
will be allowed to proceed to and reside in any foreign settle-
ment on payment of such an extra premium as may be considered
an equivalent for the increased risk.

In case of death by the hands of justice or by suicide, although
the party may have insured his own life, the policy shall not be in.
validated, provided it has been bona fide assigned to any party for a
valuable consideration ; and if it has not been so assigned, the legal
representatives of the deceased shall be entitled to receive a sum
equal to the amount which the Society would have given for the
purchase of the policy on the day before such decease.
If the object of any member in assuring his own life, or the life of
another, has been attained, and he should be desirous to substitute
the life of some other party, the Board of Directors shall have the
power to permit the same to be done, provided the health of such
otter party be deemed satisfactory, and his age do not exceed that of
the member in the place of whom he is substituted.
Policies, after five years' standing, on being deposited with the
Society, may be kept in force by the payment each year of half the
premium, and interest on all arrears, in which case the remaining
portion of the premium may be deducted from the amount assured
when the policy becomes a claim.
The Premiums upon all assurances may be payable annually,
half yearly, quarterly, or monthly, as may suit the convenience of
parties assuring; and the year may commence from Ist•January,
Ist April, Ist July, or Ist October, according to the time when the
Assurance is effected.

All claims upon the Society, accruing by death, will be paid
within one month after proof of the death of the party or parties
upon whose life or lives the assurance has been effected.

This Society will also grant immediate, temporary, deferred, and
contingent Annuities, with the option, in the case of a deferred
Annuity, of the Subscriber having the whole or any part of his pay-
ments returned, should he die before the commencement of the
Annt.ity, on paying a proportionate increase of premium.
It will also grant Policies for securing Endowments to Children
on their attaining a specified age, conditioned, as in the pre-
vious case, for repayntent of the premium in the event of the
child's death.

The Society will grant Loans on the security of Policies, whether
on Life Assurance, Annuities, or Endowments; or otherwise, as
may be though'. proper. The Loans may be repaid by moderate in.
stalments, to be agreed upon when they are negotiated.
The Society will at all times be prepared to treat on the most
equitable terms for the purchase of its Policies, whenever the assured
may desire to dispose of them.
The Society shall be at liberty to purchase and re-sell any Rever-
sionary and other IntereAs that may be thought advantageous.
A temporary Capital Stock of 500,0001. will be raised to guarantee
the immediate engagements of the Society in shares of 251. each,
bearing interest at 51 per cent. per annum, which Capital may be
discontinued at the end of five years, or any time after that period,
when the Directors shall consider the income and accumulated fund
if the Society are of such amount as to render its continuance un-
necessary. One-fifth of the divisible profits of the Society will be
set aside and distributed as a bonus to the Shareholders whenever
the subscribed capital is discontinued. An instalment of 21. per
share to be paid on subscription; and if further calls should be
necessary, the same to be in the discretion of the Directors, but
none to be made unless on three months' previous notice.
The advantages which the LONDON and WESTMINSTER
MUTU A.L LIFE ASSURANCE SOCIETY holds out are shortly
these :—The principle upon which it is founded, viz., Mutual Assu.
rance, draws a distinct and broad line between it and all Proprietary
Companies. It not only embodies all the new features of the modern
Proprietary Companies, but also preserves the characteristics of
Mutual Assurance Societies, whose success indisputably proves the
excellence of their principle. In addition to which several con-
venient and novel modes of Life Assurance, and Deferred Annui-
ties, are offered in such a way as to enable the humbler classes to
secure every advantage which Life Assurance and other Societies
have hitherto held out to the affluent, or Benefit Societies and
Savings Banks to theworking classes, freed from the exclusiveness of
the former and the many obvious defects of the latter.

Prospectuses may be had and application for Shares made by ap_
plying to the London and Westminster Bank, Lothbury and Wa_
terloo-place, and all its Branches ; and to Messrs. Roy, Blunt, Dun-
can, and Johnston, 42, Lothbury; and Messrs, G. and C. Kempson,
Solicitors, 31, Abingdon-street, Westminster.