The Sun.
London, England, 1869-04-06 00:00:00

ABSOLUTE SECURITY POLICIES, UN-
FORFEITABLE, UNCONDITIONAL, and UN-
CHALLENGEABLM, issued by the PRUDENTIAL
ASSURANCE COMPANY, 62, Ludgate-hill, Loudon,
E.C. Established 1848.
The Directors of this Company, in deference to an ob-
jection not unfrequently urged by persons invited to as-
sure, that the ordinary mode of Life Assurance is iu their
opinion defective or uncertain, by reason of the operation
of the customary conditions, have resolved to p-omulgate
the present Tables, and to issue Assurances under them
which shall be absolutely; Unforfeitablo, Unconditional,
and Unchallengegble.
For the reason referred to, many persons hesitate or
y free
from
decline to assure on the ground that, in the event of in-
ability or unwillingness to continue payment of their pre-.
enntiorwel
introduced
miums, the Assurance will become forfeited. To this
class
of the thetebliicelf,
beg
syisntemwill asps- .
c ally commend condi-
tions of forfeiture on account of non-payment of premium,
or from any other cause whatever; while at the same
time it absolutely guarantees at decease, when even a de-
fault is made in payment of the premium, a fixed sum in
respect of every pi emium paid, bearing the same propor-
tion to the total amount assured as the number of pre-
miums actually paid may bear to the whole number origi-
nally contracted to be paid.
Besides this important advantage, every policy will ex-
pressly state what sum can at any time be withdrawn on
the discontinuance of the assurance.
The assured will thus always have the option of retain-
ing either an ascertained fixed sum payable at decease,
or, in case of need, of withdrawing a certain amount, ac-
cording t) the duration of the Policy, such amounts being
set forth on every Policy, and rendering unnecessary any
future reference to the Company on these points, as is the
case with ordinary assurances.
Creditors assuring the lives of debtors will appreciate
this feature as ono greatly protective of their interests, and
it will likewise commend itself to bankers, capitalists, and
others who are in the habit of making advances collaterally
secured by Life Policies, as they can at any time learn, by
more inspection, the exact value, either immediate or re-
versionary, of a Policy of this description.
Every Policy issued on this plan will be without any
conditions as to voyaeing, foreign residence, or other usual
limitations. By this freedom from restrictions of all kinds
the objections before referred to will be entirely removed,
and the Policies will become at once positively valuable as
actual securities. ti
lu addition to the foregoing statement of advantages,
the number of premiums is strictly defined. The longest
term provided for is twenty-five years, and the shortest
five years, as shown by the Tables. Thus, bankers, credi-
tors, and others holding policies of this class as security,
may always know the utmost amount they may be called
upon to advance so as to maintain the full benefit of the
Assurances—a matter of great importance where policies
are held as collateral security.
It is only necessary to add that, as a consequence of the
policies under these tables being unforfeitable and uncon-
ditional, they will also be unchallengeable on any ground
whatever. They may therefore be aptly termed Absolute
Security Policies.
The PRUDENTIAL ASSURANCE COMPANY pos-
sesses an income of £215,000 a year. Its position is un•
questionable, and it obtains the largest amount of new
business of any office in the Kingdom. SPECIAL
AGENTS WARTED.
HENRY HARBEN, Secretary.