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THE EQUITABLE I LIFE ASSUBANCB SOCIETY OF THE UNITED STATES. Asswbakces m Force Excskb £100,000,000. All Profits belong to the Policyholders. ANNOUNCEMENT. After careful study of the usage of Assurance Companies at Home and Abroad, and of the Experience of this Society in all iat varied reforms introduced by it, THE EQUITABLE Lite Assurance Society Has combined in one form of policy all the advantages and guarantees which can safely nnd properly bo united, and offers it to tho Pnbfic under the name of tho SEMITONTINE POLICY. If you desiro Assurance on _ your Life, you should secure one of the Equitablo SemTontino Policies ; because (1) it is INDISPUTABLE, And you buy a certainty instead of a possible lawsuit; (2) it is UNRESTRICTED, And you are not, as in ordinary cases, prohibited from going where, pv - } doing what you please ; (3) it is "~> NON-FORFEITABLE, And you can never be deprived of a just indemnity even on surrender ; (-1) it is PAYABLE IMMEDIATELY After Death, thus providing against oven , temporary embarrassment; (5) it is PRE-EMINENTLY LUCRATIVE, ! In many cases returning at the end of the i tontine period a larger amount in cash than tho total premiums paid; or, if the policy ; be continued, giving assurance at a very slight cost; (6) the form of policy is SIMPLE And shorn of needless formality; (7) the advantages offered under the policy are NOT OBTAINABLE IN COMBINATION IN ANY OTHER COMPANY OR UNDER ANY OTHER POLICY. THE BENEFITS Resulting from Policies Issued by tho EQUITABLE LIFE ASSURANCE SOCIETY ABE NOT FOB A DAY, BUT J?OK ALL TIME. These policies encourangp savings in youth, and will produce an income for middle lifa or a competency for old age. A SEMI-TON.TINE POLICY or the eauttable is a peofitadle Investment, And will afford absolute protection to yourself, your family or estate. ILLUSTRATIONS OF TONTINE POLICIES MATURING IN 188 G. Issued in 1871 by the Equitable Lite Assurance Society or the United States. Example I. Policy 62,975 Amount, £2,000. Premium, £70 1 8. Premiums paid in 16 years.. £1,051 o 0. Result in 1886. The policyholder, after having been assured for £2,000 for fifteen years, .has now, upon the completion of tho Tontine period, the choice of six methods of settlement; the threo most important aro the following:— 1. Cash Value £1,1-18 13 7 Percentage to Premiums Paid, 109. 1. Paid-up Value, .. .. £2,034 0 0 Percentage to Premiums Paid, 193. 3. Cash Bonus, .. _.. £586 5 2 Percentage to Premium Paid, 56. N.B.—Under this last settlement the policyholder withdraws the bonus in cash, and retains the original policy for £2,000, continuing tho payment of annual premiums, lets annual dividends. Example H. Policy 65,305. Amount, £2,00 G. Premium, £100 50. Premiums paid in 15 years,., £1,503 15 0. Result in 1886. 1. Cash Value, .. .. £2,062 210 Percentage to Premiums Paid, 137. 2. Paid-up Value, .. .. £2,494 0 0 , Percentage to Premiums Paid, 166. 1 3 Cash Bonus, .. .. £751 3 2 to Premiums Paid, 50. Such results clearly indicate the value of Tontine assurance, furnishes' indemnity in the event of death, and a profitable investment realised with handd some pvofita after a term of years. Business men will prefer to base their action upon results actually attained, rather than upon estimates of results to be attained. . » For documents explaining tho Tontine system and the Semi -Tontine system which ' combines all the advantages of Tontine assurance with the non-forfeitable features of " ordinary" assurance, apply to J BERRY, DANIEL & l PHILLIPPS, NAPIER. At to "it i i

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https://paperspast.natlib.govt.nz/newspapers/DTN18880225.2.2.2

Bibliographic details

Daily Telegraph (Napier), Issue 5154, 25 February 1888, Page 1

Word Count
583

Page 1 Advertisements Column 2 Daily Telegraph (Napier), Issue 5154, 25 February 1888, Page 1

Page 1 Advertisements Column 2 Daily Telegraph (Napier), Issue 5154, 25 February 1888, Page 1