Page 5 Advertisements Column 5

New Zealand Herald, Volume IV, Issue 1163, 6 August 1867, Page 5

ASSURANCE COMPAHY.T' EIRE AND LIFE. ESTABLISHED 18 36. CAPITAL, £2,000,000. RESERVE FUND, £800,000. PIKE DEPARTMENT. TNBURANCES against r fire are effected on nearly JL every description of property: at current rates of premium, and losses promptly settled. . - .. LIFE DEPARTMENT. ; Tie _ rates charged in Australia are the same as those in, England, being calculated on the latest . data of mortality there, and will he found peculiarly favourable to Assurers. . Business is divided into two distinct 1. THE NON-PARTICIPATION BRANCH, the Assured in which receive no additions to their Policies j the premiums being calculated on the lowest scale consistent with safety; and 2. THE PARTICIPATION BKANOH, in which the whole profits, less a fixed percentage of tha premiums, for management and guarantee of tha sums assured, belong to the Policy-holders; and, ill reckoning theße profits, the Company is, under ita new Act of Parliament (1865), precluded from deducting anything beyond what is actually - paid away as commission to agents. The necessity felt by all purely Mutual Societies-of setting aside a portion of their profitß to form a guarantee fund' is in this way avoided, and at the same time that economy which, is the hoast of the mutual system is ensured. Policies can surrendered after they have been three years in duration, either (1) for their equitable cash value: or (2) a policy will be issued,, free of fature premiums, for a sum equivalent to such value ; or (3) a portion of the policy can be surrendered, and the AssurancO: continued for the. . reduced amount, allowance being made for the premiums already paid., . * Policy-holders, in event of removal, .can pay..their, renewal premiums at any_of. the Company's offices' or Agencies at home or abroad. - - Loans.—Loans are granted on deposit of _t ho Company's Policies to the extent of their .acquired, value, free of legal expense to the borrower, the rate of interest charged being six per cent per annum. The last Bonuß declared by the Company (in 1865) was at the rate of £1 7s. 6d. per cent per annum on the amount insured—a return which nas been very rarely exceeded by any office, when the moderat '■ rates of this Company are taken into account. Forms of proposals and every information can ha obtained at the office of the undersigned. THOMAS MAOKY, Queen-street, Agent for the Province of Auckland. NEW ZEALAND | KSUBANO E COMPANY CAPITAL £250,000. HEAD OFFICES : Corner ol Queen and Shortland-streetfc GEORGE P. PIERCfi, Manager. WHAT IS LIFE ASSURANCE P 1. It is the exercise of prudence—of benevolence.' 2. It secures Independence—domestic happiness to the widow and orphan. • . v> 3. It Is more efficacious 1& its_ operation, as regards tnQ moral and domestic comfort of the people, and in its tendency to reduce taxation, by its reduction of pauperism, and possibly of crime, the legislation of oar wisest statesmen,, and if universally adopted, would be a national blessing. ... 4. It affords to persons ol every class, and in every station of life, the means to avoid much fature misery to thel families, and to render them independent of publio or pnvato < * h 2f l st is a scheme by which any sum of money may be secured at death, whenever that event may take plaoe, or to be received at any given age of the life assured. THE QUEEN INSURANCE GO MP ANY Of LIVERPOOL and LONDON. Fire, Life, "Endowments, Annuities. CAPITAL, TWO MILLIONS STEELING. DHJEOTOBS IN MELBOURNE Chairman—Henry Toungman, "W. Moore Bell, Esq. W. Kerr Thompson, Esq. Durham Nicholson, Esq. Fire Department.—Fire insurances effeoted at tha lowest current rates of premium. All losses paid in the Colony. By order of the Board, JOHN ROBERTS, Acting Secretary.. J. T. GARLICK, Auckland Agent. VICTORIA FIRE AND MARINE INSURANCE COMPANY. ESTABLISH ED 184 9. CAPITAL, £200,000. VICTORIA LIFE AND GENERAL INSURANCE COMPANY. CAPITAL, £2,000,000. Head Offices: 82, Coiiiiirs-BTBBET East, Melboubite. OhaIEMAN : The Honoubable Henbt Millee, M.L.C. Fibs, marine, and life insurances effected at the lowest current rates. TerEaß of proposal, and every other information) to 1 e had at the office of the 6 WILLIAM DAYIESi 1 Agent for Cnehunga; 1 HENDERSON & MAOEATCLANB, r Agents. ' "LIVERPOOL AND LONDON AND GLOBE I INSURANCE COMPANY. . 3 Company continues to grant Eire Policies i. for specific sums, and not subject to the operation of the " average" clause; but in case of tha assured holding any other policy on the same property, subject to average, then the policy granted by fVii q Company is declared subject to average m liko manner. jOHcf' BUCHANAN, Agent for the Province of Auckland. Canada Buildings, 30th July, 1867. l. IMPERIAL INBTTRANOE COMPANY OB y LONDON. n Capital—£l,6oo,ooo. Agent-SAMUEL JACKSON. Fori-stfei,' " ETJSSELL'S PEIVATE BOARDING ESTABLISHMENT, (FOBMBELY SHOMLASD Obescbht.) RURALLY situated between "Army and N»YT Hotel," and ""Wesleyan College, r UPPER QUEEN STREET. 9 : ' ' PRIVATE PARLOURS ¥OB FAMILIES. March let, 186*' _ ■ so 1 JOHN MOOBB & CO., R -w-rrHOTjESALE AND EXPORT CABINET ;a p 20, oiii> soiti ie" Bhoreditch, London, England. *' Cabinet Manufacturers, Storekeepers, and othen resident in New_Ze*Und supplied on the most iibtsti | to on»ppli<*tion