The Sun.
London, England, 1853-03-04 00:00:00

ON THE ORDINARY SYSTEM.

The sum the ordinary
The sum the (Life Offices would give
ordinary Life ihim if he were unable
Offices would to pay, or if he omitted
At the His give him for to pay his current
end of policy the surrender annual premium of
b., Annual thirty at that or sale 8/. 6s. 3d. after be has
. premium yearswhen age, of his policy, paid into their eoffera
.= to assure the party in case after thirty 1249/.75.6d., and which
I: 5001. is fifty of years'payments they have had the use
13 years old, death amounting to of at compount
ti hewillhave will be 2491.75. 6d. interest, or in
so paid into worth which theyhave the event of his death
the office. bad the benefit one hour after such
g
of at compound omission or inability
interest. to pay.
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little more
20 8/.65. 3d. 249/. 75.6 d. 6001. perhaps
901. PI. NOTHING.

ON THE DEPOSIT SYSTEM.
Ifunable to pay, or not
desirous of paying or
omitting topay,thePo-
licy would still remain
of its fut. value,
5221.22.7d.ti1l death, if
20 years after, no fur-
ther payment beingre-
quired. If however the
party, from any cause,
wished to cancel the
Policy, he could not
onlydraw out all hehas
put in, viz., 2251., but
20 Tl. 10s Od 225/. 522/.257d 2871. 2s. 9d. ttb•sal!fg 62/.,
than one-fourth of the
whole of his payments,
f'sete9rtWahilnic'hirhin: more
or he could eitb er 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when withdrawn.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
aagess and7in 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
3 larger sum in case of death than under the ordinary system.
2ndly. In the event of a desire tosurrender 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, the gets
nothing. 4thly. Should ho 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 II 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 find 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 mere than
the amount of his savings. In ordinary Life Offices be can do no
such thing, but his policy at *nee lapses or is cancelled the moment
he ceases to pay his current premiums, and, instead of having any
fund to fy to for aid, all his hard-earned savings become forfeited to
the society, and his misfortunes servo to benefit the pockets of his
more fortunate co-assurers.
Such a system iis 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 ltd 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 ix
case:of death, thus combining the
ADVANTAGEANS OAFSASITBRAANNICCEWCIOTLIPTATTNYE
.BENEFITS OF

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In case of endowment nssurances the advantages of the DEPOSIT
system are still more striking.
ADVANTAGES
THIS COMPANY U
RANDN ER THE ORDINARY
LIFE BCH.
To those who prefer thisrinciple thereof branch Policies are granted from 201. to
5,0001. on every k.
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 parti-
cular disease.
Loans from 501. and upwards granted on every 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 eitner 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-
,seslt and any further information may be obtained on app.
nation to the Agents in the country, or to
CHARLES W. I3EVAN, Resident Secretary.

N.B.—Agents vented In all parts of the World.