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A USTBALIAN MUTUAL PEOVIDENI J\. SOCIETY. Established 1849 The Oldest Mutual Life Offioe in Anstralii New Zealand Branch : Head Office, Customhouse-cm*" Wellington Local Board of Direoto The Hon. Morgan S. Grace, M.D., M.L.( (Chairman) Charles John Johnston, Esq. (Deputy Chair man) William Seed, Esq. The Hon. George M. Waterhouse, M.L.C. Alfred de Bathe Brandon, Esq. Medical Officer Dr. W. G. Kemp, M.E.C.S. (England). Annual Division op Profit. The profits of the Sooiety are dividec annually. Eesufi of the Thirty-ninth Tear (1887) After making unusually ample reserves, thi Cash Surplus was .£375,343, a large) amount of profit than has ever beei realised or divided in onx year by an] other office in the British Empire. The Invested Funds oxceod ... £7,468,241 The Annual Income is npwards of 1,423,581 The Sooiety has more than 82,105 Polioies in force, assuring upwards of 29,222,23! (exolusive of bonuses) During the last 39 years the Sooiety has paid for Claims and Matured Endowments a sum exceeding 3,260,00 The Sooiety has divided among its mem bers Cosh Bonuses amounting to upwards o ,£3,222,557, yielding Reversionary Bonuse: exceeding £6,400 000. New Business. The new business of the last five year has on an average exceeded £3,000,001 per annum — A larger amount annually than has ever been transacted by an] other Life Offioe in the British Dominions The cost of management, inoluding com mission, is unusually low, being only 9.! per cent, of the total reoeipts of thi year. This rate of expenditure is less thai any other Life Assurance Institution eithei in Europe or Amerioa, doing a correspond ing amount of new business. Unparalleled Accumulation op Funds. The accumulated funds new exceed £7,468,246 Assure your Life in the AUSTBALIAN MUTUAL tfBOVIDENT SOCIETY, AND BECUBE A ANNUAL BONUS OE DIVIDEiND, A Privilege whioh no othsr Colonial Life Office can trrant its members. Be Careful that tou Select (this Society, and do not be Misled bt the Similarity of Name of some of the other Younger Australian Offices. The Society can be considered quite as muoh a New Zealand as an Australian institntion, seeing that all moneys received in the colony are invested here in advances on mortgage of first-class freehold securities, loans to members on the security of their policies, C-> vernment debentures, and freehold branch office premises ; and the Sooiety is thus assisting in developing the resonrces of the colony. THE SOCIETY'S ASSETS IN NEW ZEALAND SECUBITIES EXCEED £1,064,740 No Other Life Ofpice in the Colont oan give you such LAEGE BONUSES AS THE , AUSTBALIAN MUTUAL PEOVIDENT SOCIETY And the effect of an Annual Bonus, which can be taken in Cash, will be to reduce the cost of assurance to the lowest possible minimum. If you are already sufficiently assured yourself, induce your friends to follow your example. The Society has raised its limit on a single first-class life to £10,000. Prospectuses, forms of proposal, the last Annual Report, and all other information, may be obtained on application to the Besident Secretary, Wellington, or from any of the Society's agents. N.B. — The Security afforded by this Society to its polieyholders is unsurpassed by that of any Life Office in the worli EDWABD W. LOWE, Resident Secretary.

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https://paperspast.natlib.govt.nz/newspapers/EP18881013.2.65.2

Bibliographic details

Evening Post, Volume XXXVI, Issue 90, 13 October 1888, Page 2 (Supplement)

Word Count
527

Page 2 Advertisements Column 2 Evening Post, Volume XXXVI, Issue 90, 13 October 1888, Page 2 (Supplement)

Page 2 Advertisements Column 2 Evening Post, Volume XXXVI, Issue 90, 13 October 1888, Page 2 (Supplement)