The Sun.
London, England, 1842-07-22 00:00:00

Detailed Prospect uses, and every requisite information as to
the mode of effec ing Assurances, may be obta,ned at the Office.
PETER MORRISON, Resident Director.
A liberal Commission allowed to Solicitors and Agents.

LONDO', EDINBURGiL grid DUBLIN
LIFE ASSURANCE COMPANY,
3, Charlotte-row, Mansion-home, & 55, Chancery-lane, London.

DIRECTORS.
KENNETT KINGSFORD, Esq., Savage-gardens, Chairman
BENJAMIN IF I LI, Esq., Wel-neck-stn....et, Deputy-Chairman
Alexander Anderson, Esq., York-plate, Portman-square
John Atkins, Esq., White Hart. court Lombard-street
James Bidden, Esq , Spread Eagle- er urt
Captain F. Brandreth, Scots' Fusilier Guards
James Hartley, Esq., Mecklenburghs square
John M4Guffie, Esq., Osnaburgh- street
John Maclean Lee, Esq., Seething-hoe
J. Marreadukeßossater, Esq., Kennington-terrace
A U DITORS.
H. H. Canaan, Esq., Finsb ty-square
Robert E. Alison, Esq., Co. rthill
111EntaAL Anvrsr.a—Marshall Hall, M.Ls. KR. S., L. and E.
SECRETARY—F. Edgell,
Sentchroas—Messrs. Palmer, France. flr, i'aliner.BeNrd-row.
IMPORTANT AND SALUTARY IMPROVEMENTS
have been introduced into the practice r.l Life Assurance by
this Company, and the following are son of its distinguishing
and imporiaart features, which have t, en introduced after
mature 'deliberation. They will be most conveniently pointed
out by referring to Policies, as divided into two great Classes
—FAMILY PROVISION POLICIES, and MONEY
TRANSACTION POLICIES.
FAMILY PROVISION POLIC:7.S. —ln the well-
founded belief that Life A ssuranee businesa is profitable, per-
sons making provisions for their familit and contemplating a
long duration of time between the date .:+ the Policy and the
claim to arise under it, generally prefer -Assurances which may
carry with them a right 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 Cusa:pany, the participa-
ting Assured are entitled to the Whole of 'he Mutual Profits, es
if they had been Assured in a purel:: Mutual Society ; sad
they have, at the same time, the securit; not only of the funds
of the Company, arising from the accureniated premiums, but
also the proprietary funds and subscribed capital of the Com-
pany. To• the Shareholders are alloted oNLy those profits
which are realised by the investment of tlieir own paid capital,
and from the excess of the premiums derived from the nor,-
participating Assurances. This mods of Division and Profits,
so advantageous to the Assured of the Participating Class, is
adopted only by this Company.
HONEY TRANSACTION POL acquain-
tance with the records of the Courts of Lew and Equity, proves
that considerable changes were required in the practice and
rules of Life Offices, to render this class of Policies
valid and unimpeachable documents of security, which no
foreseen circumstances or future accide.lts could invalidate.
This Company has endeavoured, and they think successfully,
to render their Policies as inclefeasib: and negotiable secu-
rities as possible, consistently with a due regard to the s:lfety 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 Company
shall be indefeasible and indisputable, and the fact of the
issuing of the same shall be conclusive evidence of its validity,
and it shall not be lawful for the Com;tany. to delay payment
of the money assured thereby, on the grr tire of any error, mis-
take, or omission, however important, made by or on the part
of the person or persons effecting the same, and that on the
contrary, the amount receivable under taae same shall be paid
at the time stipulated by the Policy, to the person entitled
thereto, as if no such error, mistake, or omission had been made
or discovered, unless the Polity shall have been obtained by
fraudulent Misrepresentation.
In order to provide against the defeat of a Policy in the
hands of a Creditor, by the Debtor, whose Life is Assured,
leaving the country, and going beyond the prescribed limits,
the Company grant what they term WHOLE WORLD PO-
'LICIES, whereby, on condition of receiving an extra premium,
varying in amount according to the circumstances of the case,
but fixed and determined at the time of issuing the Policy,
the Debtor, on whose Life an Assurai,ea has been effected. is
entitled to go to, or reside in any part of the world, without in-
validating the Assurance; by which means the Creditor's

claim is rendered certain.
INTEREST IN POLICIES.—The otdinary rule is, that
if a Creditor be paid his debt before the policy becomes a
claim, he loses the benefit of his Policy, and the premiums
paid become forfeited—this Cctopany repudiates all such un-
fair advantages.
To enable a party to effect an Artirance at the LEAST
PO!-SIBLE EXPENSE, and to entitle him to discontinue it
at a less ,aerifiee than by ani other plan. a seven yells' Half-
premium system has been introduce(' and, upon comparing
the following sea's with any other whit.!. has been devised for
redwing' 1,,,5e" t I,2Yrnents, it will be seen how much more '
economically a loan trateaeioti can be fortifieel by this hind
of policy than by any other. The I-ha-premium system pos-
se,es a further advantage over temporary Assurances, or those
for a Term of Years, from the Assures: having the option of
eentinuing for Life the Policy which he way have procured for
a mere temporary purpose.
lIALF-rRENTIUM CREPT: rt.sr.n.
Age. S. s• d• Age. £. s. d.
15 ... ........... 0 16 1 40
20 ...... ........ 018 0 45 .
25 , .... 1 0 7 50
30 ............... 1 3 7 54
--.'.-c, .sr'; !I,:'-id,Ther is rak,n, in the ,0.
put:/tion of extra Loco/in/a, at as low a rate as the most recent
information will warrant, with a due regard to the safety of
the institution. ALEX. ROBERTSON, Manager.