The Sun.
London, England, 1853-02-17 00:00:00

ON THE ORDINARY SYSTEM.

(fife
sum the ordinary
The sum the ILife Offices would give
ordinary Life him if he were unable
Offices would to pay, or if he omitted
At the Ills give him for to pay his current
end of policy the surrender annual premium of
76, Annual thirty at that or sale 81. 6s. 3d. after he has
I• premium;years when age, of his policy, paid into their coffers
q to assure the party In case after thirty 2491.7 s 6d., and which
500/.. is fifty of years'payments they have had the use
years old, death amounting to of at compount
hewill have will be 2491.75. 6d. interest,t 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 81.65. 3d.'2491.75.6d. 5001.
perhaps
t.. NOTHING.

ON THE DEPOSIT SYSTEM.
Ifunable 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 fitr-
ther payment beingre-
quired. Ifhowever the
party, from any cause,
wished to cancel the
Policy, he could not
onlydraw out all hehas
put in, viz., 2251., but
a certain bonus of 621.
'0 il. lOs Od 2251. 5221.287t1 2871. 28.9 d. 2s. 9d. in the bargain,
which is more
than one-fourth of the
whole of his payments,
on cc 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when withdrawn. Sec
pagess and7in detailed
pamphlet, by
F. G. P. Nelson, Esq.

* The rates here selected are those adopted Sy the English and
cgmbsian Office, and advertised in its distinctive features as low
rates of premium, and professedly for the lower and midd ing classes.
In most offices, particularly the older ones, such as the Scottish
Equitable and the Globe, these rates would be much higher. TR the
former of 101. 75. 6d., with 10 shillings per cent. entrance fee, Would
lie the rate to insure 5001. at 20 years of age. In the latter 81. 13s 4(1.,
to insure the same sum. The higher the rate the more in favour of
the DEPOSIT system.
t Money laid out at compound interest DOUBLES ITSELF every four-
teen years.
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., i et. For a less sum, paid annually, he can assure
a larger sum in case of death than under the ordinary system.
2ndiy. 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. Brdly. 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 lie 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 fund to fly to in cale of necessity, the same as
Ira bank, with this palpable advantage, however, that he gets Inte-
rest for his money, and in case of death his family receive mere 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
fund to ay to for aid, all his hard-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 be overlooked
and DEPOSIT assurance is the only system of assurance which can be
universally recognized and adopted when the principles are impar-
tially canvassed, and its palpable benefits become widely diffused. It
confers greater advantages than a book 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 is
case of death, thus combining the
ADYANTAGEASNOAFSASUBRANANKCEWCIOTMHPTAHNET.BENEFITS OF
In case of endowment assurances the advantages of the DEPOSIT
()WANT UER THE ORDINARY
Aru systemvA areiAsot irelEl
smooisti
ticsi ncg
LIFE ASSURANCE BR NDANCH.
To those who prefer this branch Policies are granted from 201. to
5,0001. on every known nu
Lives in all hut the woprrsitsitpalgeesthoefredoif'
disease, and such as have been
rceujleactteddisbeyasoet.her Offices, arc taken at rates equivalkienndt tooftlaseecpurardtyi:
real or personal, on the most equitable Loans from 501. and upwards
granted on very favourable terms.
Annuities of every description t
kind
gruiantabtleedtenrmesvteo theborrower
prNemoniu-mfosrfeitthuererpoifreca
Directors will
inabilitychaseie
s theso ao
Policy
e atc currant
r
5 per cent., inte-
market value, or give a new one in lieu thereof,
!int caseie rpn rr fair
Which have been made.
rest corresponding in amount to the whole of the previous payments
Detailed prospectuses with tables In further illustration of the
InDe-
posit system, and any further
cation to the Agents in the country,.ibnn
CHARLES W. BRYAN, Resident secretary. •
or
rtitoon may be obtained on app..

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