The Sun.
London, England, 1853-04-28 00:00:00

ON THE ORDINARY SYSTEM.

The sum the ordinary
The sum thf (Life Offices would give
ordinary Life him if he were unable
, Offices would ,to pay, or if he omitted
At the I His I give him for to pay his current
tn, end of ;policy , the surrender annual premium of
pAreu, al thirty at that' or sale In 6s. 3d. after he has
t, yearsothen age, of his policy, Ipaid into their coffers
sT, Tosore the party in case, after thirty 249/.75.6d., and which
~,1 °/' is fifty lof ;years'payments they have had the use
Years old, Ideath amounting to I of at compound
hewill have will be' 2491.75. 6d. i, interest, or in
4 _ LoMidt
office,into .
worth,whichtheyhave the event of his death
had the benefit one hour after such
of at compound omission or inability
..
------- ----________ interest. td pay.
20 81'65.3d.
2490. , little more j
---..................... than 80/. NOTHING.
I perhaps 90/.
rTHEI=IT SYSTEM.
Ifun 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. If however the
party, from any cause,
wished to cancel the
Policy, he could not
onlydraw out all hehas
11:1/.10 put in, viz., 2251., but
"k 1 225/. 5221.257 d 2871. 2s. 9d. a certain bonus of 621.25. 9d. in the bargain,
which is more
than one-fourth of the
whole of h is 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when withdrawn.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. Neison, Esq.

vaicretk—Parison ef these two tables it will be seen that a person
be hovel system of DEPOSIT assurance can secure the follow-
, liov'etntages. viz. Ist. For a less sum, paid annually, he can assure
41Y. -41nito case of death than under the ordinary system.
+ll %Is ne 'Lie event of a desire to surrender his Policy he can receive
InISE th.flutPenT, by the above example, which applies to all ages,
as much as on the ordinary system. 3rdly. In the event
sf the ly or omission to pay, his policy remains still his property,
for :42n0 value as it was, though he cease his current payments
botithi'gaallmber of years ; whereas on the ordinary system, g
h4reount.f u4t,hlY. Should he require to increase or decrease the
„_"Y "is Policy, he can do so at pleasure. He can at any time,
..whok _5 a fortght's notice, ss:thdraw any part from up to the
tits wi4,l‘,:lount of his previous payments and with interest. After he
Years "'drawn part one year he can, by a single payment, three
ikis ts
a;th' uer any time afterwards. raise his to a greater or even
'er amount ; and by this system he can at all times regulate
is bargainual savings by his annual expenditure, with the facility in the
o„„,_ef having a fund to fly
that he gets to in case of necessity, the same as
teat Cr'f,, With this palpab'e advantage, however,
ills ain4aroolleY, and in case of death his family receive more than
Inich thiunt Of his savings. In ordinary Life Offices he can do no
Eke ceasensg2 but his policy at once lapses or is cancelledtthhe Tom:tiny
thutd it PaY his current premiums, and, instead o av ng
Y to for aid, all his hail-earned savings become forfeited to
'tore i".„:_tettlYii...a.n,sd is misfortunes serve to benefit the pockets of his
tuch a _ -‘e Cho-assurers.
tad bo,2Ystem is too equitable and too striking to be overlooked
sninivers "rr assurance is the only system of assurance which can be
e.:IIY recognised and adopted when the principles are impar-
eonfeWnvassed, and its palpable benefits become widely diffused. It
lat_r egreater advantages than a bank because it allows a fair rate
httat:orsi in case of withdrawal, and gives twice the amount in the
tkie:of d the Company to the representatives of the Depositor is
eath, thus combining the
AbVANTAGES OF A BANK WITH THE BENEFITS OF
la ~___ AN ASSURANCE COMPANY.
',lat..3e of endowment assurancea the advantages of the DEPOSI
nl are still more striking.
.14)1.--"A'IAGES OF THIS COMPANY UNDER THE ORDINARY
To p, LIFE ASSURANCE BRANCH.
6 0,, those who prefer this branch Policies are granted from 201. to
a 00/. e
Li',every known principle thereof.
aket.,../1 all but the worst stages of disease, and such as have been
guar 7'sy other Offices, are taken at rates equivalent to the parti-
",sease.
isinn.uttles of every
41joan_ from 50/. and upwards granted on every kind of security,
Pntonal, on the most equitable terms to the borrower
description granted on very favourable terms.
pretteet!forfeiture of a Policy.—ln case of inability to pay the currant
toackr,s, the Directors will eitner purchase the Policy at a fair
?eat c 2alue. or give a new one in lieu thereof, less 5 per cent., inte-
Wll;o°‘"sPonding in amount to the whole of the previous payments
te_b,ave been made.
Posit 7,ned Prospectuses with tables in further illustration of the De-
sist; -"Stein, and any further information may be obtained on appli-
on to the Agents in the country, or to
CHARLES W. BRYAN, Resident Secretary.