The Sun.
London, England, 1853-04-02 00:00:00

fl.los Odi

1522/.257d1

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 s.
drawn out at the ago
when withdrawn. See
pagess and7ln detailed
pamphlet, by
P. G. P. Nelson, Esq.

On comparison of these two tables it will be;:e7;-------
person
under a
under the novel system of DEPOSIT assurance can secure the follow_n
lug advantages, viz., Ist. For a less sum, paid annually, he can assure
a larger sum in case of death than under the ordinary '
system.ie
2dly. In the event of a desire to surrender his Policy he can receive
in this Company, by the above example, which applies to au age.,
THREE 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
for any number of years ; whereas on the ordinary system, he gets
nothing. 4thly. Should he require to increase a decrease the
amount of his policy, he can do so at pleasure. He can at any
theti
,
by giving a fortnight's notice, withdraw any part from 11. up to
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has withdrawn part one year he can, by a single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
bargain of having a fluid to fly to in case of necessity, the same as
in 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
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 ly to for aid, all his hard-earned savings become forfeited to
the society, and his misfortunes serve to benefit the pockets of his
rnorefortunate 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
univerantly recognised and adopted when the principles are impar-
tially canvassed, and its palpable benefits become widely diffused. It
confers greater advantages than a bank because it allows a fair rate
hofanindts of theerest in
co
casem poafnwyithdrawal, and gives twice the amount In the
to the representatives of the Depositor ia
case of death, thus combining the
ADVANTAGES OF A BANK WITH THE BENEFITS OF
AN ASURANC COMPANY.
In case of endowment S
tssurancesE the advantages of the DEPOSIT
system are still more striking.
ADVANTAGES OF THIS COMPANY UNDER THE ORDINARY

LIFE ASSURANCE .
To those who prefer this branch PoliciesßßANCll are granted from 201. to
15,0001. on every known principle thereof.
Lives in all but the worst stages of disease, and such as have been
rejected by other Offices, are taken at rates equivalent to the parti-
cular disease.
Loans from 501. and upwards granted on every kind of security,
"al 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 the Policy at a fair
market value, or give a new one in lieu thereof. less 6 per cent., inte-
rest corresponding in amount to the whole of the previous payments
Which have been made.
Detailed prospectuses with tables in farther illustration of the De-
Posit system, and any further inforYnation may be obtained on appli-
caCon to the Agents in the eountry,'or to
CHARLES IV. BEVAN, Ecaldent Secretary.

wautixllia au parta of the World.