The Sun.
London, England, 1842-06-17 00:00:00

LONDON, EDINBURGH, and DUBLIN
LIFE ASSURANCE COMPANY,
No. 3, CHARLOTTE-ROW, MANSION HOUSE, and
55, CHANCERY-LANE, LONDON.

DIRECTORS.
KENNETT KINGSFORD,Esq., Saragc-gardens, Chairman
BENJAMIN IF] LB, &q.,Welheck-strect, Deputy-Chairman
Alexander Anderson. Esq., York•place, Portman-square
John Atkins, Esq., White Hart. court, Lombard-street
James Bidden, Esq., Spread Eagle-court
Captain F Brandreth, Scots' Fusilier Guards
James Hartley, Esq., INlecklenburgh-square
John M`Guffie, Esq., Osnaburgh-street
John Maclean Lee, Esq., Seething-lane
J. Marmaduke Rosseter, Esq., Kennington-terrace
AUDITORS.
11. H. Ca: mean, Esq., Finsbury-square
Robert E. Alison, Esq., Cornhill

111Ent.7.AL ADVlSER—Marshall Hall, 111. D. F.R.S., L. and E.
SECRETARY—F. Edged, Esq.

SOLICITORS—Messrs. Palmer, France, & Pallner.Bedlond-row.
IMPORTANT AND SALUTARY IMPROVEMENTS
have been introduced into the practice of Life Assurance by
this Company, and the following are some of its distinguishing
and important features, which have been introduced after
mature deliberation. They will be most conveniently pointed
out by referring to Policies, as divided into two great ClasFes
—FAMILY PROVISION POLICIES, and MONEY
TRANSACTION POLICIES.
FAMILY PROVISION POLICIES.— In the well-
founded belief that Life A asurance business is profitable, per-
sons making provisions for their families and contemplating a
long duration of time between the date of the Policy and the
claim to arise under it, generally prefer Assurarces which may
carry with them a tight to participate in the profits to be re•
alised by the Company during the currency of their Policies.
By the Deed of Constitution of this Company, the partic;:pa.
ting Assured are entitled to the Whole of the Mutual P". ofits, as
if they had been Assured in a purely Mutual S,eiety ; amd
they have, at the same time, the security not only of the funds
of the Company, arising from the accumulate,' premiums, but
also the proprietary funds and subscribed, capital of the Com-
pany. To the Shareholders are all ONLY those profits
which are realised by the investor ant of their own paid caltitA
and from the excess of the pee.hiums derived from the non-
'is mode of Division and Profits,
participating Assurances. TY,
so advantageous to the AsQ:dred of the Participating Class, is
adopted only by this Co :,,pang,
;MONEY
v T RP;INSACTION POLICIES.—An acqUain-
tac with °..,e records of the Courts of Law and Equity, proves
that corAderable changes were required in the practice and
ONNi
rulls of Life Offices, to render this class of Policies
.rah(' and unimpeachable documents of security, which no
foreseen circumstances or future accidents could invalidate.
This Company has endeavoured, and they think successfully,
to render their Policies as indefeasible and negotiable secu-
rities as possible, consistently with a due regard to the safety of
the contracting parties; and to effect this object, the Company
has introduced the following clause into their Deed of Settle-
ment :

Clause 78.—" That every Policy issued by the Com-
shall be indefeasible and indisputable, and the fa- ~'any,
strtatl'.'"l.'
issuing of the same shall be conclusive evidence • ". , ••••'c ?!.,.t,',1.!
and it shall not be lawful for the Compar- ,tr Its I,4atldity,
.(.. r,t), tiq..lS. j. payment
wv..-.L o'i any error, mis-
of the money assured thereby, on the -
take, or omission, however inre
, made by or on the part
of the person or persons t-,,,.tcr1,,, b
, 0 the same, and that on the
contrary, the amount rec,;.,,a
b e under the same shall be paid
at the time stipulated " 1
by the Policy, to the person entitled
thereto, as if no se '
, ..en error, mistake, or omission had been made
or diseover•
...u, unless the Policy shall have been obtained by
frauri.'
..,tent misrepresentation.
In order to provide against the defeat of A Policy in the
hands of a Creditor, by the Debtor, whosp Life is Assured, 111
leaving the country, and going bevon), the prescribed limits,
the Company grant what they .-
1 WHOLE WORLD PO
LICIES, whereby, on ere- • • "ern.._-
varying of receiving an extee
varying in amount - ''' .premium,
but fixed and according to the cireur-
iances of the case,
the Debtor - determined at the ti...ce of issuing the Policy,
entitled ' ..41 whose Life an Assurance has been effected, is
VP" .. to go to, or reside in apv 7,art of the world, without in.
—,dat ing the Assurance ; by which means the Creditor's
claim is rendered tertain.
To enable a party to effect an Assurance at the LEAST
POSSIBLE EXPENSE, and to entitle him to discontinue it
at a less sacrifice than by any other plan, a seven years' Half-
premium system has been introduced; and, upon comparing
the following scale with any other which has been devised for
reducing present payments, it will he seen how much more
economically a lean transaction can he fortified by this kind
of policy than by any other. The Half-premium system pos-
sesses a further advantage over temporary Assurances, or those
for a Term of Years, from the Assured having the option of
continuing for Life the Policy which he may have procured for
a mere temporary purpose.
HALF-.PREMIUM CItEDIT TALLE.

Age. X. s. d. Age. -
£. s. d.
15
20 ...... ........ OIS 0 45 _ ...116 6
25
30
.._ .

Risk in Foreign Travel and I
putation of extra premium, at
information will warrant, with
he Institution. ALE:

le,jderee is tr.ken, in the coin.
is low a rat,: as the most recent
a due reg-ard to the safety of
ROBERTSON, Mainzer,