The Sun.
London, England, 1853-05-24 00:00:00

ON THE DEPOSIT SYSTEM.
[fun able to pay, or not
desirous of paying or
omitting topay,thero-
!lcy would still remain
of its vut.t. value.
522/.2s.7d.tilldeath, if
•LO years after, no fur-
ther payment beingre-
mired. Ifhowever the
party, rom any cause,
wished to cancel the
Policy, he could not
onlydraw out all hehas
put In, viz., 2251., but
a certain bonus of 62/.
20 71.10 s Od 2251. 522/.287d 287/. 2s. 9d. 21. 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 se
drawn out at the age
when withdrawn. Sec
pagess and7ln detailed
pamphlet, by
F. G. P. Nelson, Esq.

On comparison of these two tables it will be seen that a person
ender the novel system of DEPOSIT assurance can secure the follow-
lig advantages, viz., I st. For a less sum, paid annually, he can assure
a larger sum In case of death than under the ordinary system.
Idly. 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,
TIME 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 sante value as it was, though he cease his current payments
for any number of years ; nhereas on tile 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 meet), 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has withdrawn part one year he can, by a single payment, three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. raises plicy to a greater or even
.1s former amount ; and by this system heo can at nil times regulate
his annual savings by his annual expenditure, with the facility in the
:targain of having a hind to fly to in case of necessity, the same as
la a bank, with this palpable advantage, however, that be gets Inte-
rest fur his money, and in case of death his family receive more than
the amount of his savings. In ordinary Life Deices he can do 'no
such thine*, 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 hall-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 cau be
eniversally recognised 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 RANK WITII THE BENEFITS OF'

AN ASSURANCE COMPANY.
In case of endowment assurances the advantages of the DEPOSI
system are still more striking.
ADVANTAGES OF Ttl IS COMPANY UNDER VIE ORDINARY

LLF'R ASSURANCE BRANCH.
To those who prefer this branch Policies are granted from 201. to
5,000/. on every known principle thereof.
Lives in all but the worst stages of disease, and such as have been
rejected by other Offices, are taken at rates equivalent to the putt-
attar disease.
Loans from 50/. and upwards granted on every kind of scOurity,
,eal or personal, on the most equitable terms to the borrower
Annuities of every description granted on very favourable toms.
Nan-forfeiture of a Policy.—ln case of inability to pay the cur rant
premiums. the Directors will either purchase the Policy at .a fair
market value, or give a new one in lien thereof, less 5 per cent., inte-
rest corr.sponding 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 lu the country, or to
CHARLES W. BRYAN, Resident Secretary.