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mSUEANOE COMPANIES. QUARDIAN ASSURANCE COMPANY. Subaoribecl Capital ... L 2,000,000. Total Invested Funds ... L 4,179,000, Total Annual Income ... L850,0t0. The Undersigned, having been appointed AGENTS of the above Company for Otago, are prepared TO ISSUE POLICIES of Insurance against Fire at the Lowest Current Rates. NEILL AND CO„ LIMITED. USTRALIAN MUTUAL PROVIDENT SOCIETY. Established 1841) FOR LIFE ASSURANCE ON THE MUTUAL PRINCIPLE. The oldest established Australian Life Office, and the only one that declares A BONUS EVERY YEAR. Branch Office: Custom-house Quay, Wellington. Local Board of Directors: The Hon. Morgan S. Grace, M.D., M.L.C. (Chairman). Charles John Johnston, Esq (Deputy Chairman). William Seed, Esq. Alfred Do Bathe Brandon, Esq. The Hon. Edward Richardson, O.M.G , M.H.B. Policies in Force ... ... 87,070 Sum Assured ... ... ... 30,691,106 Accumulated Funds ... ... 8,160,311 Annual Income... ... ... 1,512,280 Cash Bonuses Divided ... ... 3,623,450 Cash Bonus for One Year, 1888 ... 400,893 Extract from the last Annual Report of the Society’s Actuary Ten years ago I, as it were, challenged Life Assurance Societies, wherever situated, to show a record comparable to that of this Society. Adopting the language then used to the facts and figures of to-day, the Australian Mutual Provident Society at 40 years of age stands before the world as a life assurance institution that has achieved UNPARALLELED success. For stability it is UNSURPASSED, for the profit it has realised and divided it is UNEXCELLED, and for the liberality of its business arrangements it is MATCHLESS. No other life assurance society in any part of tho world has had at the end of 40 years 87,070 policies in force, as-uring L 30,001,196, an accumulated fund of L 8,169,311, and an annual rovenno of L 1,512,280, of which it could be said that the rate of expenses to premium income has been LESS, the rate of interest realised on tho funds HIGHER, tho premiums charged LOWER, tho reserve for tho liabilities HIGHER, and the bonuses allotted to its members LARGER than those of this Society. If I repeat myself, it is true now, as then, that such an institution msy well bo the boast of Australasia and the special pride of Sydney, the city of its foundation.” Forms of Proposal and every requisite information may be had upon written or personal application to any of the District Offices or Country Agents, or to EDWARD W. LOWE, Resident Secretary. Dunedin District Office, B. R. STOCK, Agency Clerk. PROVIDENT AND INDUSTRIAL INSURANCE COMPANY. For Life Assurance under the Industrial and Medical System. Directors: A. Bathgate, Esq. (Chairman); C. F. Greenslade, Esq, ; J. Horeburgli, Esq, j Dr W. S. W. Roberts. Christchurch Branch: H. Thomson, Esq., J.P. ; 8, Manning, Esq. Chief Medical Referee, Dr Roberts. Chief Office—High street, Dunedin (N.Z. Insurance Company’s Old Buildings). This Company having made the deposit of L 5,000 with the Public Trustee, as by law, has commenced Business, and invites applications for agencies. CANVASSERS WANTED. Apply to W. M. KIRKCALDY, Superintendent. GOVERNMENT NOTICES. GOVERNMENT LIFE INSURANCE DEPARTMENT. LOANS ON MORTGAGE. From time to time a limited portion of the funds is lent on first mortgage of freehold security, with option of repayment by fixed instalments, spread over 12,15, or 20 years. Half-yearly Payment for each LIOO, Period of Loan— £ s. d. Twelve years 6 4 7 Fifteen years 5 8 9 Twenty years ... _ ... 413 8 Loans repayable by instalments whereby principal and interest are both liquidated within a given time, and on terms of a most favorable character, present marked advantages to settlers and others. Tho borrower may, before the expiry of the full period, redeem the loan, with or without notice, on terms which can bo ascertained at this office, or at any of tho offices of this Department, where also forms of application can be obtained. For full particulars as to loans, apply to the Head and Branch Offices and Post Offices. F. W. FRANKLAND, Actuary and Principal Officer. D. M. LUCKIR, Commissioner. p. IS? % Government lipe insurance DEPARTMENT. CHIEF ADVANTAGES, Low premiums and large bonuses. Funds kept in Now Zealand, Claims paid immediately after proof of death. Most liberal conditions. Low Now Zealand mortality. Economical management. State security. Total Sum Assured (including Bonus additions) ... £7,382,000 1 Total Funds (the whole invested in New Zealand), over ... 1,500,000 In addition to the above funds, tho office has an Annual Ikoomr of 1 over... ... ••• ... 282,000 1 The Surplus Cash Profits in 1885 were £242,656 OPENING OF TONTINE SAVINGS FUND SECTION. Tontine Savings Fund System Policies are now being issued. I New Assurers and existing Assurance Policy- , holders will bo allowed to join this section. , All profits accruing after entering the section are set apart to bo divided among the policy--1 holders remaining in tho section at the end of 1 IPOO, when liberal returns in cash areantioit pftted. The principles of the Tontine and mode of 1 keeping accounts are not kept secret, as in case . of other Tontines advertised. * * information can be obtained at tho Head I Office and all Branches and Agencies, and also r from the Travelling Agents of the Department. f F. W, FRANKLAND. Actuary and Principal Officer. D. M. LUOKIE . Commissioner. i GEORGE JAM. Selected Fruit anJ Jo Feat Sugar. All Groom

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https://paperspast.natlib.govt.nz/newspapers/ESD18891002.2.3.3

Bibliographic details

Page 1 Advertisements Column 3, Issue 8027, 2 October 1889

Word Count
856

Page 1 Advertisements Column 3 Issue 8027, 2 October 1889

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