The Sun.
London, England, 1853-04-09 00:00:00

ON THE ORDINARY SYSTEM.

The sum the ordinary
The sum the Life Offices would give
ordinary Lll Jahn 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
ti Annual thirty at that or sale Bl. Cs. 3d. after he has
NI Premium yearswhen age, of his policy, 'lnid into their coffers
ato assure the party in case after thirty 2491.7 s 6d., and which
.t. 5001. is fifty of years'payments they have had the use
iyears old, death amounting to I of at compoun I
C hewill have will be 2491. 7s. 6d. I interest, or in
1,. • Paid into worth which theyhave the event of his death
1 the office. had the benefit one hour after such
of at compound omission or inability
—..—______ interest. i to pay.
20 gi e
•8. 3di 2491. 73.6 d. 800/, little more
than 801. NOTHING.
perhaps 901.

ON THE DEPOSIT SYSTEM.
If nu able to pay, or not
desirous of paying or
omitting topay,thePo-
licy would still remain
of its FULL value,
5221.25.7d.ti1l death, if
20 years after, no fur-
ther payment beingre-
quired. Ifhowever the
party, from any cause,
wished to cancel the
Policy, he could not
0 7L. onlydraw out all hehas
od 2251. '5221.257d 2871. 2s, 9d
put in, viz., 225/., but
a certain bonus of 621.
2s. 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when withdrawn.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 and 7 in detailed
pamphlet, by
F. G. P. Nelson, Esq.

tinders^'thliaParlson
, of these two tables it will be seen that a person
adyane.nowel system Of DEPOSIT assurance can secure the follow-
'
large
ages, viz., Ist. For a less slim, paid annually, he can assure
In 2ffiy ` sum in case of death than under the ordinary system.
• In the event of a desire to surrender his Policy he can receive Sompany, by the above example, which applies to all ages,
TOEgE tunes as much as on the ordinavY system. 3rdly. In the event
th2ability or omission to pay, his policy remains still his property.
, ue
'"r any number ofyears; whereas on the ordinary system, he gets
1'5%11)g. 4thly. Should he require to increase or decrease the
id,lount of his policy, he can do so at pleasure. He can at any time,
giving a fortnight's notice, withdraw any part from 11 up to the
;71101e amount of his previous payments and with interest. After he
4s withdrawn part one year he can, by a single payment, three
it or any time afterwardS, raise his policy to a greater or even
former amount ; and by this system he can at all times regulate
annual savings by his annual expenditure, with the facility in the
;4twilain of having a fund to fly to in case of necessity, the same as
4rl a bank with this palpable advantage, however, that he gets inte-
rest fur his money, and in case of death his family receive more than
amount of his savings. In ordinary Life Offices be can do no
hUcil thing, but his policy at once lapses or is cancelled the moment
eeases to ay his current premiums and, instead of having any
--t1,114 t° fly topfor aid, all his harl-earned savings become forfeited to
forodety, and his misfortunes serve to benefit the pockets of his
t fortunate co-assurers.
such a system is too equitable and too striking to be overlooked
kid xposix assurance is the only system of assurance which can be
IT.IZE.II,IIIIY recognised and adopted when the principles are impar-
f.,‘"3. ealrfaitsed, and its palpable benefits become widely diffused. It
°'ws greater advantages than a bank because it allows a fair rate
cue'Tr crest in case of withdrawal, and gives twice the amount in the
S Of th(l Company to the representatives of the Depositor in
of death thus combining the
ADVANTAGES OF A BANK WITH THE BENEFITS OF
AN ASSURANCE COMPANY.
a„„„ ease Of endowment assurances the advantages of the DEPOSIT
--r•tern are still more striking.
44.11.0.4•4x-AGES OF THIS COMPANY UNDER THE ORDINARY
To th LIFE ASSURANCE NCH.B °se Who prefer this branch Polici
vyt. on every known principle thereof. granted from 201. to
iv on
in all but the worst stages of disease, and such as have been
CiZleot bY disease other Offices, are taken at rates equivalent to the partl-
7.....-
...Arts •
ra,„ ftom 501. and upwards granted on every kind of security,
-7. yr Dersonal, on the most equitable terms to the borrower
No 'ties of every description granted on very favourable terms.
piZil-fbrfeiture of a Policy.--an case of inability to pay the currant
re7te"3l4 the Directors will eitner purchase the Policy at a fair
whit value, or give a new one in Ilea thereof, less 5 per cent., lute-
cl7lasPonding in amount to the whole of the previous payments
Dam we been made.
posit Prospectuses with tables in further illustration of the De-
uttiwiJ 4 e•teM,
Airell and any farther information may be obtained on appli-
) the tS in the COuntry, or to
• . CRUMBS W. BEVAN, Resident Seczetnry.
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