Page 3 Advertisements Column 5

New Zealand Herald, Volume I, Issue 6, 26 November 1863, Page 3

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Established Jan. 1, 1849, and Incorporated hy Act of Parliament of N. S. Wales, 20 Yict. (1847.) Principal Office—SYDNEY, New. South Wales. directors.. Chairman —George King, Esq. Deputy Chairman— Fred. Ebswobth, Esq. John Fairfax, Esq. Thomas Holt, 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. ORANTING ANNUITJES-PreaeAt, Deferred, or Reversionary. 111. GRANTING ENDOWMENTS for- Children and for Old Age. The Entire Profits of the businesu belong to the members, and are allotted to them from time to timo, . in exact proportion to the value of their policies. EXTRACTS FROM TABLES. ASSURANCE BRANCH. Life Assurance.—Proroiums payable during Life to assure £100, with Sonns Additions, payable at death.

Age, Premium. Age. Premium. iAge. Premium. 20 £1 1? S 35 £2 15 4 50 £4 910 25 2 2 8 40 3 4 6 55 5 12 2 30 282 45 3 10 060 714 Life Assurance.—Annual premiums payable for a term of years to assure £100, with Bonus Additions, payable at death. y—qgWW—D. ■■i J ! I!■ .in J i !!,'»__,.. „_..J.,.lii.JLJ.i,iii»\.ii. j i ~ Premiums to cease iu f §, 5 Yoars. io Tears. 16 Years. 20 Years. ** 20 «11 2 £3 14 10 £2 15 0 £2 6 1 20~ 30 858 413 8 397 2"18 3 30 45 11 36 607 416 8 412 45 65 14 3 0 8 6 6 6 9 5 513 8 65 Endowment Assurance,—Premiums to assure £100, with Bonus Additions, payable on attaining certain ages, or at previous death. )l . —■■■■■ I .—^—■—^l—^— Previous Death or at tue ago of Age. 50 55 60 05 25 £3 10 4 £2 17 6 £2 9 2 £2 3 7 35 8 11 0 4 15 C 3 15 1 3 3 3 45 10 10 4 6 14 11 6 16 55 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 Society.

Assurances may be effected on ono Life to the 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 iu 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 maybe 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 be likewise purchased, or securccf by annual premiums. Policy fee in every case 5b- Lqans on Policies to the full oxtent of their value. Premiums payabla yearly, half-yearly, or quarterly. Surrenders are accepted on equitable terms. All the Tables of Rates are calculated on the lowest terms, compatible with perfect safety. EXAMPLES OP BONUSES. 1. Boxus on a Life Policy for £500, under tablo A., effected at'the age of 40. Amount As- Total Boltey, Date of Policy, surcd (and pre- Bonus, 1859. on Feb. 2Stli, vlous Bonus). 1859. Juno. 1819 £581 13 7 £110 19 S £692 13 0 Marcli, 1851 651 8 11 88 9 2 637 18 1 April, 1852 600 0 0 67 0 11 657 0 11

Reduction of „ . , Annual ProsDate of Policy. „ Premium In lmctire addllieu of present l tion till next Bonus. -oonus. investigation. June, 1819 £4 18 7 £51 7 3 £12 6. 7 March, 1851 3 12 6 3S 8 10 Ji 7 0 April, 1852 2 6 1 21 15 10 9 10 0 (2.) A Deffeeed Annuity (the policy being effected early in 1849) for the original amount of £20 per annum, to commence in 1867, is now £29 Is. lOd. (3.) An Endowment Policy payable in 1870, effected in the beginning of 1850 on the nominee coming of ago, for the original a.mount of £400, is now one for £503 17s. 9d. Comparative Statement of Bonuses accruing to a Policy of Life assurance for £500, if effected at the age of 40 in different offices, after a duration of TEN years. fnsih ProportionOffice Original Bonus vtlua nf ato TCducuffice. premium. Additions. „*'"!„ 0 / tions of fuuonusos. turc p romß British proprietary £16 7 1 £50 16 8 £23 6 7 f.~6 13 4 British Mutual... 16 II 3 101 4 0 49 10 0 311 10 Australian Mutual Providont Society 16 2 1 192 13 0 89 17 9 813 1 ■"■■"»••»■=!■——■■—-a—*"""™ It will thus be seen that the profit to the assured in this Society is more than three times that of first class Proprietary Offices, and nearly twice that of ono of the most successful of all European Mutual Offices.

N.B. —The equitable principle of Annuity and Endowment policies, receiving the benefit accruing on these branches of the business 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 Provident Society the result would be a still greater advantage to its assurance policy-holders that is exhibited in the foregoing comparative statement. ggfThe attention of assurers 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 certain term on a gradually increasing scale. Policies ell'ected by married women are protected against the debt and control of their husbands. The Families of Assurers for small sums arc saved tho oxpense of letters of administration. Proßpccbuspß, forms of proposal, and every Information may he obtained from any of. the Society's' Agents, or Medical Keforees in tho Australasian Colonies, qr at the Principal Office. Medical Referee fob Auckland :—T. B. KexDEKIHNK. J. A. GJLFILLAN, Agent. Auckland, November, 18C3.