Page 2 Advertisements Column 6

New Zealand Herald, Volume I, Issue 8, 30 November 1863, Page 2

Australian mutual provides* I SOCIETY. *" - Established Jan. 1, 1819, and Inccrporuted br 4* of Parliament of N. S. Wales, 20 Vict,, (lav;) K Principal Office—SYDNEY, Nrw South » !;| DIEECTOEB. - Chairman—Geoeoe Kixa, Esq. Deputy Chairman —AethueT. Hokeotd, Ebq.,ll Feed. Ebsvtosth, Esq. John* Faiefax, Esq. £ Thomas Holt, Esq., M.L.A. The Hon. James Mitchell, Esq., H.L.C Aetna ry and Secretary—R. Thchpson, Esq BUSINESS OF THE SOCIETY. I. ASSURANCE of Every Contingency of Hvjt&j 11. GRANTING ANNUITIES-Present, Defored or Reversionary. 111. GRANTING ENDOWMENTS for ChUrW and for Old Age. Tlie Entire Profits of the business belong to th« ' members, avid are allotted to them from time to titat in exact proportion !o the value of their policiaa. ' EXTRACTS FROM TABLES. ASSURANCE BRANCH. Life Asscrakce.—Premiums pavable during IA to assure £100, with Bonus Addition, pavabl. at death. Age.l Premium. Age. Premium. Age. Pretniua 20 j £l 17 G 35 £2 15 4 50 £■! 9i o Ml 3 2 8 10 3 4 C 55 sr> » 30 j 3 8 2 IS 316 0 60 7 1 i " ,l * I II Lite Assurance.—Annual premiums payable fca term of years to assure £100, with Bonus Additions, payable at death. Premiums to cease in j "* G Yean. 10 Years. [15 Years. 20 Yens, j 20 !£614 2 £3 14 10 £2 15 0 £S 6 1 "i~aT 30 85 8 413 8 39 7 ZlB3 !1} 46 11 3 6 667 416 8 l l 1 !« 55 Jl4 3 6 86 G J 69 5 5138 j K Endowment Absuhance.—Premiums to assure £100, with Bonus Additions, payable on attaining certain ages, or at previous death. Previous Death or at the aje of Age. 60 55 60 05 25 £3 10 4 £2 1? 6 £2 9 2 £3 3 j 35 611 6 415 0 3 IGI 333 45 10 10 4 6 11 11 5 1 3 M 11 1 10 Jon,T 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 &130 ■affected by the Society. Assurances may be effected on one Life to the extent of x 3,000. Claims are payable three months after proof of death. Bonuses may be appliod 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 libem. Present Annuities may be purchased on liberal terms, and deferred and reversionary annuities ma- be secured either by p. 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 secured by" annual premiums. Policy fee in every case ss. Loans on Policies to the full extent of then: value. Premiums payable yearly, half-yearly, or quarterly. Surrenders are accepted on equitable terms. All the Tables of Rates are calculated on the lowest terms, oompatible with perfect safety. EXAMPLES OF BONUSES. 1. Bosub on a Life Policy for £500, under table A., effected at the ago of 40. Amount As- j Total Poller DaW of Policy, sr.rod (lad pre- Bonaa, 1«S jon Fob. 2St'i, ■nous Bonus). j 1559. ; I June, 1640 £S3l 13 7 £110 19 5 ! £692 13 0 March. 1851 | Ml 811 86 9 3 637 18 1 April, 1852. | GOO 0 0 67 O H 667 011 ! \ I of « . . ■ Annus] Prwt Date of Policy. ; in of present P®cUve adxilro3ent E lira till neit Bonus - D - 8 - Invw-jgaaoa Jun0,,3859 £4 15 7 £01 7 3 £12 a 7 S?3 b { "? l 313 6 33 810 ll 7 I April, ISj„ .. 2 6 1 M 15 10 9 1C O J 2 -) , A pEPFSRED Asnuity (the policy being effected early in 1849) for the original amount of £20 per annum, to commence in ISS7, is now £29 Is. lOi. (3.) A*" EraowMEfr Policy payable in 1870, effected in the beginning of 1850 on the nominee corning ot age, lor the original amount of £400 is now one for £503 17s. 9d. Comparative Statement of Bonuiiea accruing to a £ohcy of Liie assurance for £500, if effected at r r«^sxT 0 in Afferent offices, after a duration of TEN years. Omcx. W«al Bocus Premium. Additions. Hons of ftiture premi. BriiJih proprie- — fe:%!!KS%SS Ig,! tual Provident Boal *W 18 i 1 192 13 0 69 17 6 813 1 It will thus be seen that the profit to the assured in tine Society is mobe thai.- these times that of first claea Proprietary Offices, and seabi/y twice that of one of the most successful of all European Mutual Offices. Jf.B.—The equitable principle of Annuity and Endownsent policies, receiving the benefit accruing 0 n thepe pranchee of tho business is almost peculiar to Uxifl Society. It generally goes to enlarge the bonuses of assuranoo policies. If the some course were adoptea by tho Australian Mutual Provident Bociett tlie reeult would bo & fitill greater ndvantsgd to ito aasuranoe polity-holdera that is exhibited in the forgoing comparative statement. ©4""Tiio attention of assurers is requested to the following important privileges graatod to members of Una and to tliein only. Policies aw protected against the operation iv - a n ' Law, after a ocrtain t«rm on a. crwiuincreasing ecale. Policaoa by women pioteoted against th<j debt cotitrolof tJieir husbands. Tho Ponuhee of Assurers for small sums aio saved i«b expense of letters of admiaistratiou. Ppepocfcusi's, forms of proposal, jrnd uvory informociDn may be obtaiaed trorn any of the oooioty's Agenta, or Medical Referees in the Australasian Cdomoa, ot* at too Frincapal Ofiioa. Medical Repeike pqh Auckland I—T. B. ItoDESDiIJE. J. A. GILFILLAN, • ~ Agent. Auckland, Novembor, 1863.