The Sun.
London, England, 1847-05-17 00:00:00

EXAMPLES.

. h.._ .4 —). Animal !Polley
Perms- Sum the
A
Bonus in 'lent lie- Assured
' E fa' . Pre- j taken addition
Bonus in duetion of may bor-
,to 1 Mium. lout In to ~..nt "" Cash. Annual row on
--... I I Assured. Premiums. Po.icy.
X s. d.l £ a d. £ s. d. £ s. d.
r 1837 243 9 3112 8 5 18 4 6 494 8 10
n ,ti Xs. 3
d. I 1838 218 4 8 99 8 10 15 13 5 445 0 0
60 1000 74 ,i. 1839 192 110 86 9 3 13 4 9 395 11 1
1850 143 5 10, 66 8 4 919 1 346 2 3
1841 138 14 21 61 17 61 9 9 2 296 13 4
• -_______ l 1842 111 68,4910 01 710 4 1247 4 5

The
~‘..A
office. Report, with tables of rates, Re., may be had at the
be "r *nY of its branches in the country ; or, on application. will
'forwarded post free.

F. FERGUSON" CAIIROUX, Secritary

-

NATIONAL LOAN FUND LIFE ASU-
RANC.',E SOCIETY.
OFFICE, 25, COR Nll IL 1., LONDON.
Capital 500,0001.
• The g Empowered by Act of Parliament.
.tion.i Ylltein andef Annuities. originally proposed by the Na-
te:t
‘,ol.an FLife Assurance Society, for the better advance.
• the the objects of Benefit and Friendly Societies, having received
FaPProbatiou of a considerable body cf the active membei and
ce.rs of those Institutions, and the Directors of the National Loan
Eki Society having been urgently solicited by them to establish a
sZtlil Office in connexion with those Cocieties and the Operative
gaged FnerallY, in which their services might be successfully en-
tem ' ,0111Mittee has been sanctioried by the Directors to open
eft4unication with the different Societies, with the view of more
Q
uallY disseminating the valuable benefits amongst the Indus-
aB classes, and a plan has been ..)roposed with that object.

ADDRESS OF THE COMMITTEE.
ManY Praiseworthy but ineffectual attempts have been made to
• brine witin
Mon n the scope and operation of the laws of mortality and
the savings of the industrious classes, as well as various cal-
culationsinnuedi regulatieg their distribution, having for their object either
A _ate. contingent, or deferred benefits.
!Iraetion
" ',Wit examination, however, will demonstrate that the con-
a free choice of investment,
of these associations or societies is defective; and that in-
'l,7ad of affording an easy access and
. suet ehoniel be the privilege of every one, they confine too nar-
rowly this 'cannel through which a benefit can alone be secured ;
w;74' I° ProPertion as their action is circumscribed and embarrassed,tndividt
eir utility is limited. For example, it is not to every individual
t° every class amongst the industrious community, that provision
ell" Of Sickness Is an object of such importance as to call for
morea
attr.„,,
"einiarY aaerinee ; while to others such a provision appears .
.---...,.. Ye. and the loss of employment caused by sieknesst
' 017-th"aitwhlch they desire to be guarded. For this anoma o
a 5,,,,, there is an effective an lussastrtaatite
„,—, et covering, by one weekly
d simple rear
peadyym;
ottlit.attwios
or annu
each
separate
relluneent or deferred benefits, so to arrange it that o thr
more a y ,
!Al,ef.ist should have its separate contribution.
ew",l, to not having observed this rule, andatosietkhemasloswocainaeteiorainodf
a„° ‘nesirnilar funations. and by confounding
aqsnnuity fund in one and the self-same P
a3t. Benefit Societies.
andMismai t has arisen among 144)
of a sick -
mechanismessAwnac can be so perfect for the
managementconstant sectional asso-
ciation Provision as that afforded by
Mi._ and watchftilness of the several membertsucoomyeeoxseirncgisietd,,
allnyd
fi!earis a thorough and constant check is mu
It-n"te4i)ut tee really sick are likely to become chargeable upon it.
aso 4 farad is to be accumulated through a successio.inivoefsyme
jaernst,
. boil; where results arc to bear out calculations, money i
Poe t.essi° Ittheoneuirdal beyond the
ekknuese reasons it is clear that the fends destined for a pro
ed la
experience of the industriousvicsliaszt
Provhdon for old age :
be kept entirely distinct from the fund intend as
silitt• Reeause tke laws of sickness and mortality, though apparently
sre_ted. do not depend on the same calculation.
secure a
ls-7 Bed'
there are a great number who, in order. to
for Provision in old age are willing to take the risk of providing
ro !Able sickness on themselves.
co._
anecanse the responsibility of managing a provisien for old age.
with
to a distant period is, in a great measure, ineemPatrribels..
"n htar
aPonsibil,,ui Y assocaions, fluctating laws, and dividual i
Imola nY, and morei t
exposed ton a failure in the performance of
oreemrrntract , that when undertakes on the same principles that
AA,. .IY themmercial kodie;.
"a Recause expenses of providing for sickness must, when
flatted
nish the same payment with provision for old age, tend to dimi
a_nesallil more this provision : nor is it wisdom or good policy to
arim en-
het one for the sake of the other.
of theessed with these convictions and with an intimate know Ledge
,a,_,en discussions passing within the bosom of many of the existing
adoapttintached
'flante Sty and Benefit Societies, the parties whose names are here-
eri, have had several meetings, with a view
to 4.1..- an a reMedy for those and other evils ; and in
hetfohipsrienpaenannegr
od, unity,
'_' a additional force to the principles of brother
s._lniitUal aid, on which friendly societies are based, by guarding
'e.nn.errorn the risks of sudden dissolution.
Pr:n much diligent search amore:st the combinations ingeniously
objects from time to time for the attainment of one of the principal
in sink et Friendly and Benefit Societies, they have found none equal
an,a,. P city and comprehensiveness of design, as well as forethoug
pro '3lllPathy for the wants of the industrious classes, as the plait
tree that the National Loan Fund Life Assurance Society. I. t
otherne- ar
Proeisio ne author of that plan has furnished an argument against
ment &gains
Pedie ;in sickness; but, without concurring in the immediate WE-
enn,,ert or
Rreatlabandoning a provision in sickness, no one can read the
the plan itself, without being fully satisfied that the
.ence and safety of Friendly and Renefit Societies will be
alloway,.. secured and consulted, by separating the payment of a sick
IpaA A up.: from an annuity for old age.
in.e_tation having waited on. the directors of the
made National Loan
them 1....7,!? met in the handsomest manner the overtures
buseto,7 me establishment of a separate office for the transaction of
of
dustrtoese connected with Friendly and Benefit Societies, and the in-
stltutin classes in general, resolutions have been entered into, coint-
nent,..s the undersigned as a Committee, with power to add to s
e0,,7±1 for the promulgation of the benefits contained in the atn-
and wrOhsPectus, under the guarantee of the Capital of the sociey,
with ,`_c. , without interfering with the numerous objects connected.
opio,,ie Institution of Benefit and Friendly Societies, will in their
to 4,"an greatly enlarge their
oldsphere of utility, and afford a protection
the lie.._.'".°rking classes in age and adversity, which nothing up to
-*yin day e
Thorn,. -,,e has adequately secured to them.
John isurthorn, P.C.R., Ancient Order of Foresters.
John- Vlssell. C•ll_,, Ancient Order of Foresters.
Jain cordon D.% , Ancient Order of Foresters.
Rem; u"aule, D.C.R.;Ancient Ordery of Foresters.
Jceepe si Tit, P.O. Manchester Unity of Odd Fellows.
Joseph n' neent w..
..,,,, Ls ;0. C.S., Manchester Unity of Odd Fellows.
Same 1-3,F,X...0.F Order of Old Friends.
e -`nurell, D.C.R.." Ancient Order of Foresters.
. LiF b'ERRED ANNUITIES.
tjultaetet. 117.-;
IL Nrsoi, aged 24 next birthday, by the annual pay-
• l's or i a meat of 75., or monthly payments
of 21. 2d " quarter yp y
Al
May secure, on attaining the age of 60, the.option or re-.
ng Annuity, 101. les. 2d. ; Cash down, lO7f. SC; era
hhl Life, 1371. 17s.
Example.—A person aged 26 next birthday, may secure, on at-
taining the age of 60, an Annuity of 101.. with the other options, by
payment
the annual of It. as. 93.. or a single payment of 221. 17s. 34.;
d
or on payment of 61. 14s. 3d. for disparity, he will be entitled to
the same benefits by an annual payment of 18s. I Id., the same as
eragxaem2aple le . 1 person aged 30 next birthday, by the annual pay-
of It. 65., or quarterly payment of 75., or monthly payment
:re 2R st. 2d., may secure on attaining the age of 65, the option of re-
Ileiving nuity, 18/. Os. 4d.; cash down, 1481. 128. ;or a policy on
his life 1751. I Is.
Example.—A person aged 35 next birthday, by the annual pay-
ment of 11.65., or quarterly payment of 75., or monthly payment
of 2s. Id., may secure, on attaining the age of 65, the option of re-
ceiving Annuity, 181. Os. 4d. ; cash down, 148/. 123. ; or a policy on
MS life, 1751. ids.