The Sun.
London, England, 1853-02-08 00:00:00

OW THE ORDINARY SYSTEM.

The sum the ordinary
The sum the (Life Offices would give
ordinary Life rhim if be were unable
• Offices would to pay, or if he omitted
At the Ms give him for to pay his current
end of policy the surrender annual premium of
Annual thirty at that or sale 81. 6s. 3d. after ho has
,i!emiuM yearswhen age, of his policy, ;paid into their coffers
fi A. assure the party in case after thirty ;249/.78 6d., and which
5001.4 is fifty of years'payments they have had the use
years old, death I amounting to j of at compoun 1
hewillhave will be 2491. 7s. 6d. interest,f 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. i to pay.
It
little more
2.111'. 6s. 3d.'2491. 75.6 d SCOI. than 801. I NOTHING.
perhaps 901.

ON THE DEPOSIT SYSTEM.
Hun able t o pay, or not
desirous of paying or
omitting topay,thePo-
licy would still remain
of its FULL value,
5221.25.7d.ti1l death, if
20 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 hehas
put in, viz., 2251., hut
20 71.1.03 Od 225/. '.5221.237d 2871. 2s. 9d, a certain bonus of 621.
2s. Pd. 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 501.,
diminishing the Policy
only by the assured
value of the sum se
drawn out at the age
when withdrawn. See
pagess and 7 in detailed
pamphlet, by
F. G. P. Nelson, Esq.
_ * The rates here selected are those adopted by the English and

* The rates here selected are those adopted by the English and
•Cambrie.n Office, and advertised in its distinctive features as low
Zalies of r ium, and professedly for the lower and midd big classes.
most Poliances, particularly the older ones, such as the Scottish
..quitable and the Globe, these rates would be much higher. In the
Tortner of lee 7s, 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 4d.,
IoT insure the same sum. The higher the rate the more in favour of
I
,DEPOSITa system.
~.1 kin ey laid out at Compound interest DOUBLES ITSELF every four-
""`en Years.
NI co mparison of these two tables it will be seen that a person
kinder the novel system of DEPOSIT assurance can secure the follow-
ling, advantages, viz., let. For a less sum, paid annually, he can assure
„3„.iarger sum in case of death than under the ordinary system.
rdlY.• In the event of a desire to surrender his Policy he can receive
41 this ':,`ompany, by the above example, which applies to all ages,
1111teri a'st times as much as on the ordinary system. 3rdly. In the event
Liability or omission to pay, his policy remains still his property,
e%f;'"e same value as it was, though he cease his current payments
le,',lllY number of years ; whereas on the ordinary system, he gets
at„—Aling. 4thly. Should he require to increase or decrease the
ib,,,.—eunt of his policy he can en so at pleasure. He can, at any time,
l.'ol,*ing a fortnight's notice, withdraw 4ny part from 1/ up to the
I.„'io amount of his previous payments and with Merest. After he
v•ithdrawn part one year he can, by a single payment, three
t;ars., or any time frwards. raise his policy to a greate or even
1, rrner amount ;sand by this system he can at all times`
regulate
kanual savings by his annual expenditure, with the facility in the
tirg ain olhaving a fund to fly to in case of necessity, the same as
reel 12atik, with this palpable advantage, however, that he gets inte-
It en. his menev, and in case of death his faintly receive more than
se6tuatunuat of his savings. In ordinary Life Offices lie can do no
c' trling, but his policy at since lapses or is cancelled the moment
rumeases to pay his current premiums, and, instead of having any
the t° to for aid, all his hard. earned savings become forfeited to
olety, and his misfortunes serve to benefit the pockets of his
Ztertunate co-assurers.
ank, Demosystem is too equitable and too striking to be overlooked
-ttni,..iT assurance is the only system of assurance which can be
-tiste;r*allY recognized and adopted when the principles are impar-
coniernvassed, and its palpable benefits become. widely diffused. It
handte_ greater advantages than a tFink because it allows a fair rate
hs' e.," in case of withdrawal, and gives twice the amount in the
casta°' the Company to the representatives of the Depositor in
death. thus combining the
--"VANTAGES OF A BANK WITH THE BENEFITS OF
Zp case of endowment essurances the advantages of the DEPOSIT
are still more striking.
a•NTAGES OF THIS COMPANY UNDER THE ORDINARY
thoseTa LIFE ASSURANCE BRANCH.
'O,OOO/. who prefer this branch Policies are granted from 201. to
on every known principle thereof.
Telee„,.°B in all but the worst stages of disease, and such as have been
etas, sP, by other Offices, are taken at rates equivalent to the pull-
, nisess
- •
teat er- 'r°elll UV. and upwards granted on every kind of security,
goofAnnufj,rBnaL on the most equitable terms to the borrower
, every description granted on very favourable terms.
eeer;Vorfeiture of a Policy —ln case of inability to pay the currant
essriteut°lB, the Directors will eitner purchase. the Policy at a fair
l'eet ee value, nr give a new one in Ueu thereof, less 5 per cent., lute-
Wino, ZeisPonding in amount to the whole of the previous payments
be7.s,ve been made.
Posit "atiled Prospectuses with tables in further illustration of the De-
eatiejatelll, Agentsy etherfer information may be obtained on appli.
Le the in untry, or to •
CHARLES W. BRYAN, Resident Secretary.