The Sun.
London, England, 1853-06-30 00:00:00

ON THE ORDINARY SYSTEM,

The sum the ordinary
The sum tin'Life Offices would give
ordinary Lifq him if he were unable
Offices would to pay, or if he omitted
At the HIS give him for Ito pay his current
A end of policy the surrender ! annual premium of
,1 !mum thirty at that or sale ;81. 6s. 3d. after he has
retnium.yearswhen age, of his policy, ,p,iid into their coffers
9 assure the party in case, after thirty 2491.75.6 d., and which
500/. is fifty i of • 'years'payments they have had the use
11,.. years old, , death , amounting to i of at compoun I
hewillhave will he 2496.75. Cd, , interest, or in
74 paid into ' worth which theyhave the event of his death
41 the office. had the benefitl one hour after such
of at compound' omission or inability
... interest. 1 to pay.
-----___,
00 8,, 1
.68.3 d. 2491.78.64.1 little more.
1 5001. than 801. I NOTHING.
...„..._ I perhaps 901.

ON THE DEPOSIT SYSTEM.

Ifunable to pay, or not
desirous of paying or
emitting 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 ail hehas
put In, viz., 2251., but
a certain bonus of 621.
2s. lid. in the bargain,
which is more
than one-fourth of the
whole of hispayments,
or he could either draw
out a part, 201. or 501.,
diminishing the Policy
only by the assured
value of the sum so
drawn out at the age
when withdrawn. See
pagess and7in detailed
pamphlet, by
F. G. P. Nelson, Esq.

171.10 s Od

1522/.257d

2871. 2s. 9d.

y5bTl comparison of these two tables it will be seen that a person
Sr the novel system of DEPOSIT assurance can secure
advantages, viz., Ist. For a less sum, paid annually, he can assure
2diarger sum in case of death than under the ordinary system.
In the event of a desire to surrender his Policy he can receive
this Company, by the above example, which applies to all ages,
()F7ZZ times as much as on the ordinary system. 3rdly. In the event
et. ability or omission to pay, his policy remains still his property,
10,4Qe same value as it was, though he cease his current payments
et.ll'!l3, number of years ; whereas on the ordinary system, he gets
ato„tng• 4thly. Should he require to increase or decrease the
"ont oi his policy, he can do so at pleasure. He can at any time,
givi
og a fortnight's notice, withdraw any part from 11. up to the
11„;',e amount of his previous payments and with interest. After he
yZ Withdrawn part one year he can, by a single payment, three
itig. 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
itilio, 11 of having a fund to fly to in case of necessity, the same as
teBt fulk, with this palpable advantage, however, that he gets Into-
tits `in' his money, and in case of death his family receive more than
sae amount of his savings. In ordinary Life Offices be can do ito
be e,,shing, but hls policy at ence lapses or is cancelled the moment
ram ...'ses to pay his current premiums, and, instead of having any
the, ~„'"flY to for aid, all his bald-earned savings become forfeited to
kor ~
and hs misfortunes serve to benefit the pockets of his
.orttiYnate coiassurers.
sind4,,cll a system is too equitable and too striking to be overlooked
114i.,705rr assurance is the only system of assurance which can be
recognised and adopted when the principles are irnpar-
ec,e' canvassed, and its palpable benefits become widely diffused. It
Merest
greater advantages than a bank because it allows a fair rate
NtiVerest in case of withdrawal, and gives twice the amount in the
ell of the Company to the representatives of the Depositor 1 n
,°,f death, thus combining the
--"VANTAGES OF A BANK WITH THE BENEFITS OF
c AN ASSURANCE COMPANY.
are
system ase of en
do
more wment
striking assurances the advantages of the DEPOst
4.14,c0 still
41141TAGES OF THIS COMPANY UNDER THE ORDINARY
LIFE ASSURANCE BRANCH.
T° those _ who prefer this branch Policies are granted from 201. to
lea/4, ever,- known rinciple thereof.
rejeet n all but the worst stages of disease, and such as have been
etdar by other Offices, are taken at rates equivalent to the parti-
T disease.
from 501. and upwards granted on every kind of security,
rem
or
Annurtenal, on the most equitable terms to the borrower
ea of every description granted on very favourable terms.
in„s
srfeiture of a Policy.—ln case of inability to pay the currant
taarT.l_ , the Directors will eitner purchase the Policy at a fair
Pest'i_
ealue, or give a new one in lieu thereof, less 5 per cent., into-
sPonding in amount to the whole of the previous payments
wive bee
Lt.seci h 11 made.
Dow Prospectuses with tables in further illustration of the De-
eittp::/,4_lem, and any further information may be obtained on appli-
CA IQ the Agents la the country, or to
CHARLES W. BEVAN, Resident Secretary.
)111ETLigiAlKmazied in 41 purge ot Wsrld.