The Sun.
London, England, 1853-06-23 00:00:00

ON THE ORDINARY SYSTEM.

The sum the
ordinary Life
Offices would
give him for
the surrender
or sale
of his policy,
after thirty
y ears'paymcnts'
amounting to
2491.75. 6d.
which thcyhave
,had the benefit
of at compound
interest.

At the
end of
thirty
years ahen
the party
is fifty
years old,
hevaillhavo,
paid into
the office.

MS
policy
at that
age,
in case
of
death
will be,
worth

›, Annual,
premium
to assure
V. 5001.
.o

20 'Bl. Os. 3d.1

. 2491.78.6 d. 5001.

little more

than 801.
perhaps 901.

NOTIIING.

ON TIIE DEPOSIT SYSTEM.
If unable to pay, or not
desirous of paying or
omitting topay,thePo-
Hey would still remain
of its FULL value,
522/.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
put in, viz., 2251., but
20 71.10 s Od 225/. 5221.257 d 2871. 28.9 d. a certain bonus of 621.
2s. 9d. in the bargain,
which is more
than one-fourth of the
whole ofhis 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 ago
when withdrawn. See
pagess 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., let. For a less sum, paid annually, he can assure
a larger sum in case of death than under the ordinary system.
2dly. 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,
TIIIIEE 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
(or any number of years ; whereas on the ordinary system, he 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 H. 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has withdrawn part one year he can, by a single payment, three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
nargain of having a fund 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 Offices 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
fend to fly Landor aid,misfortunes all his hariserve-earned
to benefit savings bthe pocketsecome forfeiof htedis
to
the so
ciety, his
more fortunate co-assurers.
Such a system is too equitable and too striking to be 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 honk 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 i n
case of death, thus combining the
ADVANTAGES OF A BANK WITH THE BENEFITS OF
AN ASSURANCE COMPANY.

In case of endowment assurances the advantages of the DEPOSI
system are still more striking.
ADVANTAGES OF THIS COMPANY UNDER THE ORDINARY
LIFE ASSURANCE BRANCH.

To those who prefer this branch Policies are granted from 201. to
5,0001. on every known principle thereof.
Lives in an but the worst stages of disease, and such as have been
rejected by other Ofnces, are taken at rates equivalent to the parti-
cular disease.
Loans from hO/. 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 either purchase tile 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-
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.

N.8.7-Agents.wantod in all porta of tto World.