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Insurance. <nOVER!\!F«ENT LIFE INSURAPSCE DEPARTMENT. Established 1870. EVERY POLICY GUARANTEED BY THE STATE. The two in-ime reasons wbicli have lod to the extraordinary bonuses wliicli this oflSoe has boon able to declare have been its ECONOMICAL MANAGEMENT ana its REMARKABLY FAVOURABLE MORTALITY EXPERIENCE. "The Australasian Insurance aud Banking Record " says, — " It [the N. Z. Government office] possesses tho splendid advantage of operating in perhaps the healthiest country in the world." To this, coupled with rigid cara in the selection o£ lives, has been duo tlio unprecedentedly low rate of mortality which the office has enjoyed. Year by year Mac actual deaths have fallon far short of what was anticipated, and the funds thereby saved have all gone to swell tho profits, which at the last valuation (December, lfaSo) amounted in cash to more than— £242,000 Sterling. PresentPUNDSoverlJ MILLION POUNDS. ANNUAL INCOME exeeods £300,000. J. H. EICHARDSON, 6] Commissioner AUSTRALIAN iyi"UTUAL "OROVIDENT QOCIETY. .J: £3 New Zealand Bhanoh : Head Office-CUSTOM-HOUSE QUAY, WELLINGTON. Lqoal Board of DrKEcrons • Tho Hon. Morgan S. Grace, 11.D, M.L.C. C.M.G. (Chairman) The Hon. Charles J. Johnston, M.L.C. (Deputy* Chairman) Alfred do Bathe Brandon, Esq. The Hon. TCdward Kichardeon, C.M.G. Nicholas Reid. Esq. Medical Officer : Dr. W. G. Kemp, JI.R.C.S. (England). THE OLDEST, WEALTHIEST, AND MOST PROSPEROUS Australian Life Office, and the LARGEST IN THE BRITISH EMPIRE. The only Colonial Office -which deolarea A BONUS EVERY YEAR. The Method of Valuation adopted by this Society is of the most Stringent Character, and ensures a Considerably Larger lieserve to nice* Liabilities than that held by any other office in the Australasia?) Colonies. ACCUMULATED FUNDS, NEARLY £10,000,000 mKnb) Sterling, All invested to yield nearly 6 per cent. Policies in Force ... 101,340 Sum Assured .. £34,904,017 Accumulated Funds £9,739,872 Annual Income.. .. ... .. £1,741,387 Cash Bonuses Divided .. .. £4,140.533 For FIVE YEARS ended 31st December, 1890, Policies have been written for SEVENTEEN AND A-HALF MILLION STEKLI3SG. B O NTs E S. CASH BONUSES declared for last FIVE years. TWO MILLIONS, yielding ReTersionarr Bonuses exceeding FOUR MILLIONS. CASH BONUS for ONE year. 1890, £469,856, yioldiug Reversionary Bonuses amounting to £967,000. This Cash Bonus ■was equal to 421 per cent, oa tho premiums received during the year. ASSURE YOUR LIFE ■■ '' IN THE A.M.P. SOCIETY And secure a BONUS EVERY YEAR. Policies on New Zealand Register, 16,000, assuring £5,000,000. Assets in New Zealand, £1,419,276. Expenses of Management less than 9J per cent on the total income. EDWARD W. LOWE, Resident Secretary. Branch Office— Customhouse Quay, Wellington. , C. W. HEMERY, District Secretary, Auckland, COMMERCIAL TT NI O H ASSURANCE COMPANY \J (LIMITED). Capital Fully Subscribed £2,500,000 Capital Paid Up , £250,000 Total Invested Funds £2,500,000 Total Anitual Net Income. ....£1,160,000 LOCAL BOARDS, BRANCHES, AND AGENCIES THROUGHOUT AUSTRALIA, TASiMANIA, AND NEW ZEALAND. EVERY DESCRIPTION OF F.'RE AND MARINE BUSINESS ACCEPTED AT THE LOWhST CURRENT RATES OF PREMIUMS. CLAIMS FOR LOSSES SETTLED WITH PROMPTITUDE AND LIBERALITY. The Large Resources at command in the shape of Invested Funds and Premium Income, afford the most undoubted Security to Policy Holders. AUCKLAND BRANCH Managers : MESSRS. JAMES BALLANTYNE GRAHAM and HOKACE WALKER. IVTORTH GERMAN F[RE INSURANCE ■i-X COMPANY. The North German Fire Insurance Company, curing the several years it has been established in this Colony, has paid Losses to Policy-holders pxceeding: £30,000, and has not disputed a single legitimate claim. Its distinguishing features are: UNLIMITED LIABILITY OF SHAREHOLDERS, PREMIUMS RETAINED IN THE COLONY FOR INVESTMENT. CLAIMS SRTTLED PROMPTLY AT ALL ITS NEW ZEALAND AGENCIES WITHOUT REFERENCE ANYWHERE, For-which purpose a REVOLVING CREDIT for £10,000 has been established -with the NATIONAL BANK OF NEW ZEALAND, AFFORDING ABSOLUTE SECURITY TO POL'.CY-HOLDJiKS, Rates o£ Premiums and every other information to Dβ had on application to ft GEO. JOHNSTON, Citi" Agont. next Bank o£ New Zealand; Or to H. REES GEORGE, District Agent, Fort street. TVTEW ZEALAND INSURANCE XH COMPANY (FIRE AND MARINE). Capital £1,000,000 Paid-up and Reserve Funds .. .. £450,000 Protection from FIRE or MARINE LOS 3 can ue effected in this Company. CLAIMS MET WITtTprOMPTITUDE AND LIBERALITY. T. J. BKASSSY, Maa&Bejr.

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https://paperspast.natlib.govt.nz/newspapers/AS18910620.2.10.5

Bibliographic details

Auckland Star, Volume XXII, Issue 145, 20 June 1891, Page 3

Word Count
662

Page 3 Advertisements Column 5 Auckland Star, Volume XXII, Issue 145, 20 June 1891, Page 3

Page 3 Advertisements Column 5 Auckland Star, Volume XXII, Issue 145, 20 June 1891, Page 3