Page 5 Advertisements Column 6

New Zealand Herald, Volume I, Issue 4, 20 November 1863, Page 5

A USTRALIAJf MUTUAL PROVIDENT ix SOCIETY. Established Jim. 1, 1819, and Incorporated by Act of Parliament of A r . S. Wales, 20 Vict. (1817.) Peixcipal Office—3YDXEY, New Sooth Wales. DIRECTORS. Chairman—Oteoege King, Esq. Deputy Chairman—AuxnritX. Holroxd, Esq.,II.LA. Eked. Ebsworth, Esq. John Fairfax, Esq. Thomas llolt, Esq., M.L.A. The Hon. James Mitchell, Esq., M.L.C. Actuary and Secretary—R. Thompson, Esq. BUSINESS OF THE SOCIETY. I. ASSURANCE of Every Contingency of Human Life. 11. GRANTING ANNUITIKS-Prescnt, Deferred, or Reversionary. 111. GRANTING ENDOWMENTS for Children and for Old Age. The Entire Profits of the business belong to tho members, and are allotted to them from tiuio to time, in exaer proportion to tho valuo of their policies. EXTRACTS FROM TABLES. ■ ASSURANCE BRANCH. Life Assubanch.—Premiums payable during Lifo to assure £100, with Sonus Additions, payable ut death. Age. Premium. Age. Premium. Age. Premium. 20 £1 17 5 3a £2 IS 4 60 £i 9 10 25 2 2 8 10 3 -i 5 55 5 12 2 30 2 8 2 45 3 16 0 00 714 Live Assurance.—Annual premiums payable for a term of years to assure £100, with Bomis Additions, payable at death. Premiums to oaasc in <; .J? 5 Years. 10 Years. 15 Yoars. 20 Years. 20 JUG 14 2 £3 11 10 £2 15 6 £2 6 1 ~2rt~ 30 8 5 8 413 8 3 9 7 218 3 30 45 11 3 6 C « 7 115 S 4 12 .15 55 14 3 (5 8 5 5 0 9 5 513 8 55 Endowment Assurance.—Premiums to assuro £100, with Bonus Additions, payable on attaining certain ages, or at previous death. Previous Death or at tho age of Arc. 50 55 80 65 25 £3 10 4 £2 17 0 £2 9 2 £2 3 7 35 0 11 0 4 16 0 3 15 1 3 3 3 « 10 10 4 0 11 11 818 55 11 i io Joint Lives Assurances.—Survivorship assurances—Assurances by Ascending scalcs of Premiums —Assurances by descending scales of Premiums—and assurances of any other sort, with full participation in profits in every case, are also eifected by tho Society. Assurances may be effected on ono Life to tho extent of £3,000. Claims are payable three months after proof of death. Bonuses may be applied to the Extinction of future Premiums or their value in cash will be handed to tho Member at his option. Conditions with regard to Voyaging, Rosidonco Abroad, &c., &c., are unusually liberal. Present Annuities may bo purchased on libfciSl terms, and deferred and reversionary annuities may bo secured either by a single payment, or by annual premiums, with Bonus Additions in every case. Endowments, with Bonus Additions, payable either on coming of age, or attaining any other age, may bo likewise purchased, or secured by annual premiums. Policy fee in every case ss. Loaus on Policies to the full extent of their valuo. Premiums payabla yearly, half-yearly, or quarterly. Surrenders'are accepted on equitable terms. All the Tables of Rates aro calculated on tlio lowest terms, compatible with perfect safety. EXAMPLES OF BONUSES. 1. Bonus on a Life Policy for £500, undor table A., eil'ected at the age of 40. Amount As- Total Policy, Dato of Policy, sured (and pre- Bonus, 1559. on Fel). 28th, vious Bonus). 1839. June, 1819 £531 13 7 £110 19 5 £692 13 0 Marall. 1851 551 8 11 80 9 2 637 19 1 April, 1552 500 0 0 G7 0 U 057 0 11 Eoduction of _ , . Annual Prosofp£en U t° ffiK&'SS liouus. Investigation. June, ISI9 £4 18 7 £51 7 3 £12 6 7 March, lSjl 3 12 6 38 8 10 12 7 0 April, 1852 2 6 1 21 15 10 9 M O (2.) A Deffebed Annuity (tho being' effected early iu 1)310) for the original amount oi ,-5'20 per annum, to commence in 18G7, is now £29 Is. lOd. (3.) An Endowment . Policy payable in 1870, cfleeted in the beginning of 1850 on the nomineo coming of age, for the original amount of £-100, ia now one for £503 17s. 9d. CO3rPARATiVE Statement of Bonupes accruing to a Policy of Life assurance for £500, if effected at the age of 4-0 in different offices, after a duration • of TEN years. r „ sl , Proportiou--0 Original Bonus V Y, " . ato reducPremium. Additions. ° lions or IUturc prcma. British proprietary £16 7 1 £50 16 8 £23 6 7 £5 13 i British Mutual... 16 11 3 101 4 0 49 10 0 311 10 AustrnHau Mutual Provident Socicty 10 2 1 192 13 0 60 17 9 813 I It will thus be seen that the profit to the assured in this Society is MonE than thkse times that of first class Proprietary Offices, and neably tvvioe that of one of the most successful of all European MuturJ Officcs. "> N.E. —The equitabla principle pf Annuity and En • dowmout policies, receiving the benefit accruing on these branches of the business is almost pecul-ar t-.> this Society. It generally goes to enlarge the bonv.i-i3 of assurance policies. If the same course were aj or' - ed by the Atjstkaman Muvuai", Photident Socikiy the result would be a qtill greater advantage to its assurance policy-holders that is exhibited in the foregoii.;; comparative statement. Cs33°The attention of assurers is requested to the following important privileges granted to the memb i-! of this Society, and to them only. All its Policies are protected against the operation of tho Insolvent Lawj, after a certain term on a gra-.iu-ally increasing scale. Policies eifected by married women are protected! against the debt and' control of thiur husbands. The Families of Assurers for small sums are saved Hie expense of letters of administration. Prospectuses, forms of proposal, and cvery ui i .y mation may oe obtained lrom any 01 t!lc " AgenU, or Medical Referees in the Austral ; .v,.; Colonies, or at the Principal Office. Medical Refekee poh Auckland T. B. Kr.v BEKDIftE. J. A. GILFILLAN, Agent. Auckland, November, 18G3.