The Sun.
London, England, 1869-05-06 00:00:00

52, Fleet-streot. At home from 10 till 5.

BSOLUTE SECURITY POLICIES, UN-
tl FORFEITABLE, 'UNCONDITIONAL, and UN-
CHALLENGEABLM, issued by the PRUDENTIAL
ASSURANCE COMPANY, 62, Ludgate-hill, London,
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 in their
opinion defective or uncertain, by reason of the operation
of the customary conditions, have resolved to promulgate
the present Tables, and to issue Assurances under them
which shall bo absolutely Unforfeitable, Unconditional,
and Unchallengeable.
For the reason referred to, many persons hesitate or
decline to assure on the ground that, in the, event of in-
ability or unwillingness to continue payment of their pre-
miums, the Assurance will become forfeited. To this
class of the public the system now introduced will espe-
cially commend itself, being entirely free from all 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 premium paid, bearing the same propor7
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pressly state what sum can at any time be withdrawn on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 securing the lives of debtors will appreciate
this feature as one greatly protective of their interests, and
it will likew'se commend itself to hankers, capitalists, and
others who are in the habit of making advances collaterally
secured by Life Policies, as they can at any time learn, by
mere 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 voyaging. foreign residence, or other usual
limitations. ny 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.
In addition to the foregoing statement of advantages,
the number of premiums is strictly defined. The h ngest
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,
amountn
they
full
maybene
benefit
te calledof
the
utmostto maintain t
uoAssnurances—a matter of great importance where policies
are held as collateral security.
P" atlowaadyvna know
nce so the
a s
It is only necessary to add that, as a consequence of the
policies under these tables being unforfeitahle and .uncon-
ditional, they will also be unchallengeable on any groun
d
whatever. They may therefore be aptly termed Absolute
Security Policies.
The PRUDENTIAL ASSURANCE COMPANY pos-
sessesin
come of £215,000 a year Its position is un-
questionable, an income
ffl nees
questionable,
any o ce
in the Kingdom. SPECIAL and it obtains the largest amount of new
busi of
AGENTS WANTED.
HENRY HARBEN, Secretary.