The Sun.
London, England, 1853-05-12 00:00:00

20'81.63.3d.!

ON THE DEPOSIT SYSTEM.
If unable to pay, or not
desirous of paying or
omitting topay,thePo-
Hoy would still remain
of its FULL value.
522/.25.7d tilldeath, if
20 years alter, no fur-
ther payment beingve-
quired. Ifhowever the
party, from any cause,
wished to cancel the
Policy, he could not
onlydr4w out all hell RS
put In, viz., 2251., but
a certain bonus of 62/.
20 71. 103 Od 225/. 522/.257d 2871. 2e. 9d. 2s. 9,1. in the bargain,
which is more
than one-fourth of the
whole of his payments,
or he could either draw
out a part, 20/. or 501.,
diminishing the Policy
only by the assured
value of the sum se
drawn out at the ago
when withdrawn. See
pagess and 7 in detailed
pamphlet, by
F. G. P. Nelson, Esq.

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.
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,
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
tor 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 interet. After he
has withdrawn part one year he can, by a single paysment, three
years, or any time afterwards. raise his policy to a greater or even
Is former amount ; and by this system he can at all times regulate
his annual savings by his annual expenditure, with the facility in the
i,argain 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
fend to fly to for aid, all his hati-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
oniversally 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
hands of the Company to the representatives of the Depositorintho in
case of death, thus combining the
ADVANTAGES OF A BANK WITH THE BENEFITS OF
AN ASSURANCE COMPANY.
In case of endowment rssurances the advantages of the DEPOSI
system are still more striking.
ADVANTAGES OF THIS COMPANY UNDER THE ORDINARY
LIFE ASSURANCE BRANCH.
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
-ejected by other Offices, are taken at rates equivalent to the parti-
=tar disease.
Loans from 50/. and upwards granted on every kind of security,
seal or pereunal, 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 eitner purchase the Policy at a fair
market value, or give a new one in lieu 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 fluther 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.

IC.R.—Agents wanted in all parts of the World.