Page 3 Advertisements Column 2

New Zealand Herald, Volume I, Issue 10, 5 December 1863, Page 3

AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Established Jan. 1, \i]iu, . ln j Incorporated by Act ol Parliament of N. S. Wales, 20 Viet. (1517.) Principal Office-SYDNEY, New South Wales. directors. Chairman— George King,. Esq. Dej>!,/yCWKIo»—ARTHUItT -HoLROYD ,EsQ ~M .LA. 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 ' A |f f UIU:!fCE °f Every Contingency or Human 11. GRANTING ANNUITIES-Present, Deferred, or Reversionary. HI. GRANTING ENDOWMENTS for Children ami for Old Age. The Entire Profits of the business belong to the members, and are allotted to them from time to time, m exact proportion to the value of their policies. EXTRACTS FROM TABLES. ASSURANCE BRANCH. Life Assurance.—Premiums payable during Life to assure £100, with Bonus Additions, payable at death. l J Age. Premtimi. Age. Premium. Age rremium. 2' l -CI 17 f. 35 m 15 .1 .w £1 0 10 *> -2 2 S -10 3.J5 55 5 12 2 «M 2 8 2 a 3 10 0 UO 7 11' I I Life Assurance.—Annual premiums payable for a term of years to assure .6100, with Bonus Additions, payable at death. I j Premiums to cease in ' 5 Years. 10 Ycirs. 15 Years. 20 Years. <I 20 , i'ti U 2 i);! UlO £2 15 B C2(i 1 i^o~ ao | S 5 8 U3 S 3 0 7 2IS 3 30 « j 11 3 (i « (i 7 tls S 112 15 53 jl*■i B S5 5 69 5 5138 155 Endowment Assurance.—Premiums to assure £100, with Bonus Additions, payable ou attaining certain ages, or at previous death. Previous Death or at the age of Age. __^ 50 55 CO 65 25 i':3 10 1 £2 17 0 £-1 9 2 £2 3 7 33 0 11 B t 15 IS 3 15 1 3 3 3 *• 10 10 1 olt 11 5 1 (j 53 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 one Life to the extent of £3,000.' Claims are payable tlu-ce 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, ic, &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 ease. Endowments, with Bonus Additions, payable either on comiug of age, or attaining any other age, may be likewise purchased, or secured by"annual premiums. Policy fee in every case os. Loans on Policies to the full extent of their value. Premiums payable yearly, half-yearly, or quarterly. Surrenders are acj cepted on equitable terms. I All the Tables of Rates are calculated on the lowest ; terms, compatible with perfect safety. EXAMPLES OF BONUSES. 1. Bonus on a Life Policy for £500, under table A., effected at the age of 10. Amount As- Total Policy, Date of Policy, saved (and pre- Bonus, ISM. on Pub. 2Stlt, vious BonUi). 1859. June, 1319 £SSI 13 7 £110 19 5 £092 13 0 March, ISSI 551 8 11 Brt !) 2 037 IS 1 April, 1332 000 0 0 57 0 11 657 0 11 Reduction of f . Annual Fros-D-itc or Policy l' reml ""' »> or ■ ro«"il I"» ;li ™ •'«'<"- lUtcoi ioucj. IU;U 0 r present 01 ,'' l^' ,t tion till next Bonus. i*jiuu. Investigation. .Tune, ISI9 £1 IS 7 £51 7 3 ,C! 2 8 7 March, 11.11 3 12 0 31 8 M 12 7 0 April, 1532 2 G 1 21 15 10 9 10 0 (2.) A Deffered Annuity (the policy being effected early in 1819) for the original amount of £20 per annum, to commence in 18G7, is now £29 Is. lOd. (3.) Ax Endowment Policy payable in 1870, effected in the beginning of 1850 on the nominee coming of age, for the original amount of £400, is now one for £503 17s. 9d. ComTAIUTIYE Statement of Bonuses accruing to a Policy Life assurance for £500, if effected at the age of 40 in different offices, after a duration of TEN years. Cnih rroiinrtion- „ „„ Original Bonus ~,,,™' , ate reitiic--omc - Premium. Additions. i '°° tio,,:i of f "- "onuses, tuvc prems. British proprietary ClO 7 1 CSO 10 B.C 23 0 7 £3 13 i British Mutual... 16 11 3 101 i 0 19 10 0 3 1110 Australian Mutual Provident Society 10 2 1 192 13 0 89 17 9 813 1 It will thus be seen that the profit to the assured in this Society is moke than three times that of"first class Proprietary Offices, and nearly twice that of one of the most successful of all European Mutual 0 dices. 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 Phoyidest Society the result would bo a etiil greater advantage to its assurance policy-holders that is exhibited in tho foregoing comparative statement. 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 ou a gradually iucreasing scale. Policies ofl'ected by married women are protected against the debt and control of their husbands. The Families of Assurers for small sums are saved the expense of letters of administration. Prospectuses, formsrof proposal, and every information mav be obtained from any of the Society's A"ents, or Medical Referees in the Australasian Colonies, or at the Principal Office. Medical Refekee poe Auckland :—T. B. KenDEKDiXI:. J. A. OILFILLAN, Agent. 1 Auckland. Novem'oer, 18G3. |