Life Assurance. r*OVeRNMENT LIFE INSURANCE ** DEPARTMENT. CHIEF ADVANTAGES, i Low premiums and large bonuses. , Funds kept In New Zealand. . . t ClAiniß paid immediately after proot of death. Most liberal conditions. Low New Zealand mortality. ! •;. Economical management. , State security. ' TOTAL SUM ASSURED (including „„„_„.., Bonus Additions) •■ £7,135,243 ; TOTAL FUNDS (the whole invested in Now Zealand) ... £1,328,493 In addition to the above funds, the . office has an ANNUAL IN COME of . ovor ... ... >•• ... ~~**;*™~ '. The Surplus Cash Profits in 1885 were £ 243^63 • OPENING OF TONTINE SAYINGS FUND SECTION. • Tontine Savinge Fund System Policies are now being issued. New Assurers and existing Assurance Policy, holders will be allowed to join this suction. , All profits accruing after entering the section ; are set apart to bo divided among the policyholders remaining in the section at the end of 1900, when liberal returns in cash are antioipatod. i The principles of the Tontine and modo of keeping accounts are not kept secret, as is i j»ee of other Tontines advertised. "*» Information can be obtained at the Head i Office and all Branohes and Agencies, and also from ttio Travelling Agents of the Department. i ' F. W. FKANKLAND. Aotuary and Principal Officer. D. M. LUCKIE, Commissioner. 3 IVTORTHERN ASSURANCE ■ i3i COMPANY. ', Capital.- £3,000,000. . statement shewing the progress of the ! northern assurance company, Since its establishment in 183 C, to the present time (1878). I Vflr Net Fire Net Life K ~ { Year. Kovenue . Revenue. Fund-ta i _ - - —£ 1550 900 700 1,200 38,200 > ISS9 2,300 3,900 2,200 60,500 ' 1542 8,200 18,300 2,800 76,800 18*6 3,800 16,400 4,300 102,700 i '848 6,900 20,600 6,900 151,000 1551 8,700 39,000 6,800 172,800 1864 30,000 29,700 7,900 231,500 1857 78,000 59,100 16,600 356.000 1860 121,400 60,800 21,400 585,200 ISO 3 148,000 77,800 20,300 616,400 1860 168,100 97,300 38,000 785,900 1869 197,700 119,100 46,200 1,031,800 1872 270,400 125,200 61,500 1,390,300 1575 351,300 141,300 90,900 1,918,600 IS7S 405,000 157,800 107,200 2,391,100 1881 461,400 181,300 120,600 2,708,100 ISSS 677,300 101,600 132,000 3,134,300 LIFE DEPARTMENT. It is worse than useless to possess a Life Policy unless there is the certainty that the sum assured will be paid at death. A man may for years trust to it as the support for his family, and ultimately find that it is of no value. The sums assured by the "NORTHERN"are guaranteed by the Shareholders capital of Three Millions Sterling, and by its Accumulated Funds, all safely invested, amounting in December, 18S5, to more than Tiikke Millions One Hundred and Thirty-four 1 Thousand Pounds, and continually increasing. In the Participation Branch, the whole of the 1 ascertained surplus at each valuation belongs to the assured. The undersigned, Agent for the above Company, i" prepared to accept Risks against Fire on Buildings and Contents in the City and Province of Auckland, at the LOWEST CURRENT RATES. THOMAS MACKY. A USTRALIAN MUTUAL PROVIDENT SOCIETY [Established IS49] ; FOR LIFE ASSURANCE ON THE MUTUAL PRINCIPLE. New Zealand Branch : Head Office.-CUSTOM HOUSE QUAY, wellington. Local Board of Directors— .' Hon. Morgan. S. Grace, M.D., M.L.C. (Chairman), Charles John Johnson, Esq. (Deputy Chairman), ' William Seed, Esq., The Hon. George M. Waterhouse, M.L.C., Alfred do Bathe Brandon, Esq. ANNUAL INCOME EXCEEDS £1,423,555 STERLING. INVESTED FUNDS EXCEED £7,468,240 STERLING. REASONS WHY YOU SHOULD ASSURE WITH THIS SOCIETY :— 11 It is the only Colonial Life Office giving Annual Bonuses, reducing the not cost of Assurance to the lowest possible limit. It is the oldest, largest, wealthiest, and most prosperous Mutual Life Oftlco in the Southern Hemisphere. Its Bonuses are larger than those of any other Life Office of similar ago in any other part of the world. The Society has distributed amongst its members upwards of £5,222,557 in Cash Bonuses, representing Reversionary Bonuses exceeding £0, 400,000 sterling. After making unusual ample reserves, the Cash Surplus for division for the year ISB7 was £375,343, a larger amount of prolit than has ever been realised or divided in one year by any other office of the British Empire. The Society issued 9935 New Policies during the year 1887, assuring £3,223,345, with new Premiums amounting to £121,214. Tho Society Offers UNDOUBTED SECURITY ! LIBERALITY ! PROFIT! ! ! Its investments in New Zealand Securities are £1,064,742, and all the surplus Branch accumulations are invested in tho Colony, thus making it essentially a THOROUGHLY COLONIAL INSTITUTION. Be careful you select this Society, and do not be misled by the similarity of name of some of the younger Australian offices. EDWARD W. LOWE, Resident Secretary. C. W. H EMERY, Agency Clerk, Auckland District Office. LIFE ASSURANCE. SPECIAL. MUTUAL X IFE A SSOCIATION JU J\. OF A USTRALASIA, Head Office 30, Queen-street, Auckland. Directors: A. G. HORTON, Esq., J.P., chairman. ; ARTHUR HEATHER, ESQ. T. B. KENDEBDINS, ESQ., M.E.C.S., ENG. i CONSULT THE NEW TABLES, Which provide for the RETURN, at the end of fixed periods, of ALL PREMIUMS paid, irrespective of BONUSES, with the right of continuing the asaurance at the original rate. These tables offer to the public something entirely unique in the way of Life Assurance, and therefore must command attention. CHILDREN'S ENDOWMENTS are also offered on the basis of PREMIUMS CEASING on the death of the member. SHORT PERIOD ASSURANCES may also bo effected on most favourable terms. THE FIRST OFFICE to free Life Assurance from HARASSING CONDITIONS, Policies being INDEFEASIBLE FROM DATE OF ISSUE. BONUS YEAR, 1889. For PROSPECTUSES and EVERY INFORMA TION, apply at the respective agencies, or at HEAD OFFICE, No. 30, QUEEN-STREET (New Building). WILLIAM T. J. BELL, Secretary. XT T> —The printed statements issued by thi office give fuller particulars regarding its PROGRESS, present POSITION, and PROSPECTS, than have ever boon required by Act of Parliament in any par of THE WORLD. YOUNG MEN'S CHRISTIAN ASSO CIATION. NEW PREMISES: CORNER OF albert and WELLESLEV Streets Reading Room comfortably furnished. All the leading papers on the tables; Subscription, 2s 6d - por quarter. ■ The Library contains upwards of 2800 ' vols. in the various departments of literature ; 'Sub- . cription, as Cd per quarter. Tea and Coffee Provided. Km-~" ient and Boardinghouse . Registers. Meeting for Young Men on Tuesdays, at 7.30 I Evangelistic Services, Thursdays, at 7.30. Bible I Reading and Prayer, Saturdays, at 7.30. Bible I Class, Sunday, at 3 p.m. . STRANGERS and others (especially Young Men) cordially invited to visit the Rooms, where all infor- _ mation max be obtained Onen from 9a m. tolOn.m
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH18890107.2.50.4
Bibliographic details
New Zealand Herald, Volume XXVI, Issue 9254, 7 January 1889, Page 8
Word Count
1,046Page 8 Advertisements Column 4 New Zealand Herald, Volume XXVI, Issue 9254, 7 January 1889, Page 8
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.