Page 3 Advertisements Column 5

New Zealand Herald, 24 November 1863, Page 3

A USTRALIAN MUTUAL PROVIDENT SOCIETY. Established Jan. 1, 1849, and IncoiporaU'd by Act of Parliament of N. S. Wales, 20 Vict. (1847.) Principal Office—SYDNEY', New South Waxes, directors. Chairman—George King, Esq. Deputy Chairman—ArtuurT. Holhoyd, Esq., M.LA. ; Fred. Edsvtortii, Esq. •Torn Fairfax, Esq. Thomas Holt, Esq., M.L.A. The Hon. James Mitchell, Esq., M.L.C. Actuary and Secretary—R. Thompson, Esq. BUSINESS OF TIIE SOCIETY. I. ASSURANCE of Every Contingency of Human Life. 11. GRANTING ANNUITIES-Prcsent, Deferred, or Reversionary. 111. GRANTING ENDOWMENTS for Children and for Old Age.

The Entire Profits of the business belono to the members, and are allotted to them from'time to time, in exact proportion to the value of their policies. EXTRACTS FROM TABLES. ASSURANCE BRANCH. Life Assurance.—Premiums payable during Life to assure £100, with lionus Additions, pavable at death. " Age. Premium. Age. Premium. Age. l'romium. 2 " 17 5 35 £2 15 4 50 I.C 4 010 ?'•> 2 2 8 -10 3 4 5 55 i r, 12 2 ,i " 28 2 45 3 l(i 0 BO | 71 4 Life Assurance.—Annual premiums payable for a term of years to assure £100, with Sonus Additions, payable at death. | Premiums t-o cease in | I 5 Years. 10 Years. 15 Years. 120 Years. |"" 20 | i'U 14 2 Jta 14 10 ~£> 15 (i £■> i ,17 f_> | 8 o 8 413 8 3 0 7 2IS 3 30 r- i}l O p "9 I .4 15 8 41 2 45 »•> 111 3 0 80 5 CDS al3B 1 55 Endowment Assurance.—Premiums to assure £100, with Bonus Additions, payable on attaining certain ages, or at previous death. Previous Death or at the age or Age. 50 55 60 65 25 Jj3 10 4 t2 17 G £2 ft 2 £i 3 ; 35 0 11 0 4 15 6 3 15 1 3 3 3 lo 10 10 4 l) 14 11 5 16 03 11 1 10 Joint Lives Assurances.—Survivorship assurances—Assurances by Ascending scales of Premiums—Assurances by descending scales of Premiums—and assurances of any other sort, with full participation in profits in" every case, are also effected by the Societv.

Assurances may be effected on one Life to the extent ol £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 the Member at his option. Conditions with regard to Voyaging, Residence Abroad, &c. ; &c., are unusually liberal. Present Annuities may be purchased on liberal terms, and deferred and reversionary annuities may be 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 uge, or attaining any other age, may be likewise purchased, or secured by annual premiums. Policy fee in every case ss. Loans on Policies to the full extent of their value. Premiums payable yearly, half-yearly, or quarterly. Surrenders are accepted on equitable terms. All (lie Tables of Rates are calculated on the lowest terms, compatible with perfect safeoy. EXAMPLES OF BONUSES. 1. Bonus on a Life Policy for £500, under table A., effected at the age of 40. „ . , „ Amount As- Total Policy, Date of Fohcy. surcd (mid pre- Holms, 1830. oil Feb. 23tli vious lJoims). ]S5!). ' .Tunc, IStfl £531 13 7 £110 19 5 £(»2 l:i o M.treli, 1651 551 8 11 SO 9 2 017 18 1 April, 1852 SIM 0 0 57 0 11 557 0 11 Reduction of „ . , Animal ProsDate of Policy. or p V e4at Dillon of present 80m,.? tio » ti'l "est l>onus. ' • Investigation. .Time. 191!) £.1 is 7 .£sl 73 £12 (i 7 March, lii."il 3 12 0 38 8 10 12 7 0 April. 1N52 2 0 1 21 15 10 9 10 0

(2.) A. Dkffered Annuity" (the policy being clfectcd early in 1849) for the original amount of {,'2O per annum, to commence in is now £21) Is. lOd. (3.) Ax Endowment Pomot payable in 1870, effected in the beginning of 1850 oil the nominee coming of age, for the original amount of £100, is now one for £603 17s. 9d. Comparative Statement of Bonuses accruing to a Policy of Life assurance for £500, if ell'ected at the age of 40 in different ollices, after a duration of TEN years. „. . , „ r,,i, l'ropnriionOkfice. Onsnial Bmiiis y f ate rertueI'remiuin. Additions, 01 tions of i'n- ' * ' tare prcms. British proprietary £10 7 1 £50 IB S £>:> 6 7 £3 13 4 British Mutual... 10 11 3 104 1 0 49 10 0 311 10 Australian Mutual Provident Society 16 Q 1 192 13 0 39 17 9 813 1 It will thus be seen that the profit to the assured in this Society is irons than three times that of first class Proprietary Offices, and nearly twice that of one of the most successful of all European Mutual Oflices. N.B. —The equitable principle of Annu : ty and Endowment policies, receiving the benefit accruing on these branches of the businrss is almost peculiar to this Society. It generally goes to enlarge the bonuses of assurance policies. If the same course were adopted by the Australian Mutual Pkovident Societi' the result would be u still greater advantage to its assurance policy-holders that is exhibited in the foregoing comparative statement.

attention of assurors is requested to the following important privileges granted to the members of this Society, and to them only. All its Policies are protected against the operation of the Insolvent Laws, after a certuin term on a gradually increasing scale. Policies cllcuted by married women are protected against tYie debt and control of their lmsbauds. The Families of Assurers for small sums are saved the expense of letters of administration. Prospectuses, forms of proposal, and even- information may be obtained from any of the Society's Agents, or Medical Referees in the Australasian Colonies, or at the Principal Oilice. Medical Refkitee for Auckland :—T. B. ICenJ>l:K.»ine. J. A. GILFIIJ.AX, Agent'. A-uekLwi'l, November, 1863.