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

ON TUE ORDINARY SYSTEM.

,The sum the ordinary
The sum the ,Life Offices would give
ordinary L,fq him if he were unable
Offices would 'to pay, or if he omit'ed
At the His give him for to pay his current
end of policy the surrender annual premium of
Annual thirty at that or sale Si. 6s. 3d. after he has
t 1 premium years when age, of his policy, 'paid into their coffers
to assure the party in case after thirty 2491.7 s 6d., and which
t't 5001.* is fifty of years'payments they have had the use
years old, death amounting to I of at compoun
hewill have wilt 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. I to pay.
little more I
20 8/.65.3d. 2491.75.6 d 5001. than 801. NOTHING.
perhaps 901.
ON THE DEPOSIT SYSTEM.
Ifunable to pay, or not
desirous of paying or
omitting topay,thePo-
licy would still remain
of its FULL value,
5221.28.7d.ti11d5at1i if
years after, nsKtur-
titer payment hele.gre--.
quired Ifhowever the
party.irom any cause,
wished to cancel the
Policy, he could not
onlydraw out all behest
put in, viz., 2251., but
201 7/.103 0,1 295/. 522/.2sid 2i71. 2s Od. a certain bonus of 621.
2s. 9d. in, the bargain,
which is more
than one-fourth of the
whole of his payments,
or he could either draw
outs part, 201. or 501.,
diminishing thePolley
only by the assured
value of the sum se
drawn out at the age
when withdrawn. See
oagess and7iii detailed
pamphlet, by
F. G. P. Nelson, Esq.
* The rates here selected are those adopted lay the English and
Cambrian Office, and advertised in its distinctive features as low
rates of nremium. and professedly for the lower and midd.ing classes.

The rates hare selected are those adopted by the English and
Cambrian 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 500/. at 20 years of age. In the latter 81. 13s
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 et these two tables it will be seen that a person
Under the novel system of DEPosiT assurance can secure the follow-
ing advantages, viz., let. For a less sum, paid annually, he can assure
a larger sum in case of death than under the ordinary system.
20dlY• 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,
'PUREE times as much as on the ordinary system. 3rdly. In the event
ef 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 eo so at pleasure. He can, at any time,
by giving a fortnight's notice, withdraw any part from 1/ up to the
!whole amount of his previous payments and with interest. After he
has withdrawn part cne year he can, by a single payment, three
Years, or any time afterwards raise his policy to a greater or even
~!!‘ former amount ; and by this stem he can at all times regulate
4?3 annual savines by his annual expenditure, with the facility in the
rbargain oihaving a fund to fly to in case of necessity, the same as
in a bank, with this palpable advantage, however, that he gets inte-
rest for his money, and in case of death his faintly receive more than
'Pa amount of his savings. In ordinary Life Offices he can do ro
ren thing, but his policy at once lapses or is cancelled the moment
411eAees to pay his current prem,ums, and, instead of having any
the to SY to for ald, all his hard earned savings become forfeited to
eociety, and his misfortunes serve to benefit the pockets of his
"tore fortunate co-assurers.
a as stem is too equitable and too striking to be overlooked
Ouch ,
n,2"l;_n_tPosrr assurance is the only system of assurance which can be
bail recognized and adopted when the principles are impar-
t' canvassed, and its palpable benefits become widely diffused. It
0t.71,s greater advantages than a b 'nk because it allows a fair rate
interest in case of withdrawal, and gives twice the amount in the
ca.,"e,of death, thus cOf the Comny
bining the to the representatives of the Depositor in
, paom
ADVANTAGES OF A BANK WITH THE BENEFITS OF

AN ASSURANCE COMPANY. -----
In ea-se of endowment ftssurances the advantages of the DEPOSIT
ptem are still more striking.
IVVANTAGES OF THIS COMPANY UNDER TEE ORDINARY

LIFE ASSURANCE BRANCH.
;Iroluse who prefer this branch Policies are granted from 201. to
'Ts°94. on every known principle thereof.
Ives in all but the worst stages of disease, and such as have been
reJected by other Oftices, are taken at rates equivalent to the parti-
cular disease.
Loans from SOL and upwards granted on every kind of security,
-ealA or personal, on the most equitable terms to the borrower
Non-forfeiture
of every description granted on very favourable terms.
on-forfeiture of a Policy —ln case of inability to pay the currant
Premiumstaa,, the Directors will eitner purchase the Policy at a fair
reai et v..- -
Aifte or give a new one in lieu thereof, less 5 per cent., Inte-
l... ecnT isponding in amount to the whole of the previous payments
•,..lch have been made.
Detailed Prospectuses with tables in further illustration of the De-
Doit AYstein, and any further information may be obtained on appli.
cation to the Agents in the country, or to
CHARLES W. BEVAN, Resident Secretary.