The Sun.
London, England, 1853-01-22 00:00:00

ON THE ORDINARY SYSTEM.

'The sum the ordinary
The sum the Life Offices would give
ordinary Ltfl.i him if he were unable
at Offices would to pay, or it he omitted
cs
At the Ills give him for to pay his current
&.. end of policy the surrender annual premium of
B. Annual thirty at that or sale 81. Cs. 3d. after he has
1-4 premiuni yearswhen age, of his policy, paid into their coffers
'4 to assure the party in ease; after thirty 2491.75.60., and which
v 500/,* is fifty of years'payments they have had the use
years old, death ! amounting to of at compoun
•-1 hewill have will bei 2491. 7s. 6d. inlerest,t or in
paid into worth which theyhive'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
2018/.65. 3d. 249/.75.6d 5001. than 80/. noTritNO.
perhaps 90/.
ON THE DEPOSIT SYSTEM.
[funable to pay, or not
desirous of paying or
(milting topay,thePo-
licy would still remain
of its FULL value,
522/.2A.7d.ti1l death, if
'2O years after, no fur-
ther payment beingre-
quired. Ifhowever the
party, from any cause,
wished to cancel the
Policy, he could not
onlydraw out all helms
put in, viz , 225/., but
20 1/.los Od 2257. 5221.257c1 287/. 2s. 9d. a certain bonus of 621.
2s. !id. in the bargain,
which is more
than one-fourth of the
whole of his payments,
or he could either draw
out a part, 201. or 50/.,
diminishing the Policy
only by the assured
value of the sum so
drawn out at the age
when withdrawn. Sec
pagess and7in detailed
pamphlet, by
F. G. P. Nelson, Esq.
* Tile rates here selected are those adopted by the English and
Cambrian Office, and advertised in its distinctive features as low
e.t.a of premium. and professedly for the-lower and midd ing classes.

The rates here selected are those adopted by the English and
Jambrian 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. In the
former of 101. 7s. 6d., with 10 shillings per cent. entrance fee, would
be the rate to insure 5001. at 20 years of age. In the latter 81. 13s 4d.,
to insure the same sum. The higher the rate the more in favour of
the DEPOSIT system.
Money laid out at comp3und interest DOUBLES ITSELF every flair-
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., Ist. For a le,s sum, paid annually, he can assure
a larger sum in case of death than under the ordinary system.
2ntlly. In the event of a desire to surrender his Policy ho can receive
in this Company, by the above example, which applies to all ages,
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. 4thlv. 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 he can, by a single payment, three
years, or any time afterwards. raise his policy to a greater or even
is 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 case of necessity, the came 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
fund to 8y to for aid, all his hard-earned savings become forfeited to
the society, and his misfortunes serve to benefit the pockcts of his
more fortunate co-assurers.
Such a system is too equitable and too striking to be overlooked
and nErosiT assurance is the only system of assurance which can
universally recognized and adopted when the principles are impar-
tially canvassed, and its palpable benefits become widely diffused. It
confers greater advantages than a bulk 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 1 n
ease 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 DEPOSIT
system are still more striking.
ADVANTAGES OL THISLIFE
P BRANCH.
T. FIE ORDINARY
E ASSURANCE
To those who prefer this branch Policies arc granted from 201. to
5,0001. on every known principle thereof.
Lives in all bitt 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 NO/. 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 the 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 appll•
cation to the Agents in the country, or to
CHARLES W. BEVAN, Resident Secretary.

THE BRITISH TARIFF for 1853,
By EDWIN BEEDELL,
- • •

Of the Office of Examiner and Principal Controller of Accounts,

Custom-house, London,

"A work of authority on everything pertaining to the regulations
of the revenue connected with the business of the customs." —Times.

" Mr. Tieedell has been intent on keeping up the established high
character of his book, by making every alteration required from legal
changes."—Morning Chronicle.
- • -- - •

"An indispensable work of reference, not only to all engaged in
commercial affairs but to all who desire to become acquainted with
the customs and mercantile business."—Dally News.

" The completeness of the work is guaranteed by Mr. Beedell's op.
portunitics of access to the most accredited sources of informa:ion.'
—Globe.

" Mr. Beedell seems to have omitted nothing that can make his
publication useful to his subsciibers and all the colamercial world."
—Economist.

London: Baily Brothers, Cornhill.

WINES AND SPIRITS FOR THE NOBILITY, GENTRY,
FAMILIES, &c.

GEORGE REEVES, 3,4, and 5, POPE'S
HEAD ALLEY, 19,CORNHILL, LONDON,
(nearly opposite the south Entrance to the Royal Exchange), being
determined to supply the Public with the very best w[Nrs and
at the lowest remunerating prices, begs to submit the fol-
lowing list for their consideration :