The Sun.
London, England, 1853-06-18 00:00:00

ON THE ORDINARY SYSTEM.

The sum the ordinary
The sum the Life Offices would give
ordinary Life him 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
Annuals thirty at that or sale 81.65. 3d. after he has
4 premium yearswhen age, of his policy, paid into their coffers
to assure the party in case after thirty 2491.75.6 d., and which
1.4. 500/. is fifty of years'payments they have had the use
years old, death amounting to of at compound
hewillhave will be 249 /. 7s. 6d. interest, or in
paid into worth which theyhave the event of his death
the office. had the benefit one hour after such
rf at compound omission or inability
interest. to pay.
little more
20 81. Gs.3d. 249/.75.6d. 5001. han 80/. NOTHING.
perhaps 90/.
ON THE DEPOSIT SYSTEM.
If unable to pay, or not
desirous of paying or
omitting topay,thePo-
licy would still remain
of its FULL value,
5221.28.7d.ti1l death, if
20 years after, no ffir-
ther payment beingre-
quired. Ifbowever the
party, from any cause,
wished to cancel the
Policy, he could not
onlydraw out all hell as
put in, viz., 2251., but
20 7/.los Od 2251. 5221.257 d 287/. 2s. 9d. ascertain bonus of 621.
2 . 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when withdrawn. See
pagess and7in detailed
pamphlet, by
F. G. P. Neison, 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 advanta.ges, viz., ] et. 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
for 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 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 fluid 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 OMees 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
fund to fly to for aid, all his hail-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 he overlooked
and DEPOSIT assurance is the only system of assurance which can be
universally 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
:lands of the Company to the representatives of the Depositor in
case of death, thus combining the
ADVANTAGES OF A BANK WITH THE BENEFITS OF
ADVANTAGES
T tthose
prefer
eFf
eTr
es of the DEPOSI
In
case
of
endowAmNenAtSasSUsußraAnNceCsE
tliCeos,
adlP;akiNitYag.
R grantedT l E
from.ORDINARY
201.t0
5,0001. on every know,
system are still snore striking.
LIFE ASSURANCE BRANCH.
-1;a1 cPhAN PoliciesY N
Dare
Lives in all hut the pristucstple thereof.
worst stages of disease, and such as have been
rejected by other Office
cular disease. s. are taken at rates equivalent to the parti-

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.
Icon-forfeiture of a Polley.—ln case of inability to pay the currant
premiums, the Directors will eltner 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-
osit system, and any further information may be obtained on appli-
cation to the Agents in the country, or to
CHARLES W. BEVAN, Resident Secretary.

N.ll.—Agenta wanted In all parts of the World.