The Sun.
London, England, 1853-07-02 00:00:00

ON THE ORDINARY SYSTEM.

iTiiimfi:oime
sfuhmeethe ordinary
oTri:47e
nsaurmy
Lt ;0.
:vwe roeutltan bgivl ee
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
Annual! thirty at that, or sale 81.65. 3d. after he has
g premium yearswhen age, I of his policy, paid into their coffers
to assure' the party in case after thirty 1249/.7s 6d., and which
500/. is fifty of years'paymentsthey have had the use
years old, death amounting to of at compound
hewill have will be 2491.75. 6d. in( erest, or in
paid into worth which theyhave 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 81.68.3 d. 249/.73.6d. 500/. than 80/. I NOTHING.
perhaps 901.
ON THE DEPOSIT SYSTEM.
If unable to pay, or not
desirous of paying or
omitting topay,thePo-
Hey would still remain
of its FULL value,
522/.2a.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 hchas
, put in, viz., 2251., but
20 71.10 E Cld 225/. 55221.267(1a certain 2871. 2s. 9d. 28. 9d, in bonus
the bar ogain2.
,
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 age
when withdrawn.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 nErostT assurance can secure the follow-
ing advantages, viz., I at. For a less sum, ri aid 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, fly the above example, which applies to all ages,
THREE times as much ti, g
On the ordinary system. 3rdly. In the event
of inability or omission W pay, his policy remains still his property,
of the same value as it was,
for any number of years ; who. eau on the ordinary system, .he gets
-
amount of
iditihslpyo.lf.Shocy, uhlodcahne
droerisou..,i
though he cease his current payments
ire to increase or decrease the
uleasure• He can at any time,
w. Any part from 11. up to the
by giving a fortnight's notice, withdr.: and with interest. After he
whole amount of his previous payments .
years, or any time afterwards, raise his pols.7i7gtiaeliti
payment,me
s regulate three
has withdrawn part one year he can, 13 .
its former amount ; and by this system he canvuto a, greater or even
he facility in the
his annual savings by his annual expenditure, with ~ the same as
bargain of having a fund to fly to in case of necessity, vets lute-
ln a bank, with this palpable advantage, however, that he than
rest fur his money, and in case of death his family receive nisor: "o
the amount of his savings. In ordinary Life Offices be can do ..
such thing, but his policy at once lapses or is cancelled the moment
he ceases to pay his current premiums, andl,, instead of having any
fend to fly to for aid, all his hari-earned sty Ings 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 (/6° assurance which can be
universally recognised and adopted when the principles are impar-
tially canvassed, and its palpable benefits 1 K•come widely diffused. It
confers greater advantages than a bank b( cause it allows a fair rate
of interest in case of withdrawal, and gives twice the amount in the
hands of the Company to the represent& Ives of the Depositor in
ease of death, thus combining the
ADVANTAGES OF A BANK WITH THE BENEFITS OF

To those who prAe
In case of endowment assurances the a civantagcs of the DEPOSI
SURANCE COY ANY.
aYstem are still more striking.
"VAIITAGES OF THIS COMPANY U !DER THE ORDINARY
LIFE ASSURANCE B 7 CANCH.
5,000/. on NferAS
this branch Polici, ,s are granted from 201. to
everY known principle thereof.
Lives in all but th worst stages of disc ass, and such as have been
rejected by oth 6 equivalent to the parti-
er Offices, are taken at ra' A 245
culir disease.
Loans from 50/, and upwards granted o a every kind of security,
real or personal, on the most equitable t to the borrower
e tins
Annuities of every description granted on very favourable terms.
Non-forfeiture of a Policy.—In case of i ',ability to pay the currant
premiums, the Directors will eitner max Lase the Policy at a fair
market value, er give a new one in lieu th ereof, less 5 per cent., inte-
rest corresponding in amount to the wholt 3of the previous payments
Which have been made.
Detailed prospectuses with tables in furl tier 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.

xx,..igionts:vranted is all Parb 1,, of the World.