Outstanding Service Since 1876 THE T. & G. PROUDLY PRESENT FEATURES OF ITS ANNUAL REPORT FOR 1948—A YEAR OF GREAT PROGRESS. NEW POLICIES —The popularity of the Society is indicated by the record amount of Assurance issued during the'year 124.537 new Life Policies assuring £2B 299,660 and 12,210 Personal Accident and Sickness Policies assuring £4,315,975 having been effected The whole of the business was written in Australia and New Zealand. • ASSURANCES IN FORCE Further convincing evidence of the esteem in which the T. & G. is held is demonstrated by the total Assurances m Force m the Ordinary and Industrial Departments—l,sos,ooo Policies assuring £179,000,000, INCOME The Income for the year exceeded £10.700,000, an increase of more than £784,000 over the previous year’s total. SECURITY The Society is in an impregnable financial position The Assets increased by £5,111,000 to £61,700.000 and are held in trust to meet Policy liabilities. SERVICE —The T. &G.is a Mutual Life Society and is renowned for its service to its members. All claims are settled with the utmost promptness. £4.028,000 was paid to Policyholders during the year, making a total of more than £32,950.000 during the last 10 years. GROUP ASSURANCE —The Society specializes in Staff Superannuation and Group Provident Schemes on terms most advantageous to both employers and employee.s. Many hundreds of such Schemes have been entrusted to the Society. A POLICY WITH THE T. & Gr. IS A PLEDGE OF SECURITY. No Shareholders. (Incorporated in Victoria) 1876 Mutual Life Society. Purely Mutual. The Australasian
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Bibliographic details
Gisborne Herald, Volume LXXV, Issue 22818, 13 December 1948, Page 7
Word Count
247Page 7 Advertisements Column 3 Gisborne Herald, Volume LXXV, Issue 22818, 13 December 1948, Page 7
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