Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

Insurance Comnanies Australian mutual proviDENT SOCIETY. Established ... 1849. The Oldest Mutual Life Office in Australia, New Zealand Branch : Head Office, Custom-house Quay, Wellington. Local Board of Directors : The Hon. Morgan S. Grace, M.D., M.L.C. (Chairman), Charles J. Johnston. Esq. (Deputy-Chair-man) Alfred de Bathe Brandon, Esq. The Hoo. Edward Richardson, C.M.G., M.HR. Medical Officer: Dr. W. G. Kemp, M.R.C.S. (England). Annual Division of Profit. —The profits of the society are divided annually. Result of Fortieth Year (188 S). After making unusually ample reserves, the Cash Surplus was £400,893, a larger amount of profit than has ever been realised or divided in one year by any other office in the British Empire. The Invested Funds exceed ...£8,169,310. The Annual Income is upwards of £1,512,280 The Society has more than 87,070 Policies in force, assuring upwards of (excluding Bonuses) £30,691,196 During the last 40 years, the Society has paid for Claims and Matured Endowments more than ... ... ••• £3,578,611 The Society has divided among its members Cash Bonuses amounting to upwards of £3623,450, yielding" Reversionary Bonuses exceeding £7,000,000. New Business. The new business of the last five years has exceeded on an average £3,000,000 per annum A larger amount annually than has ever been transacted by any other Life Office in the British Dominions. The cost of management, including commission, is unusually low being only 8.8 per cent, of the total reoeip’ts of the year. This rate of expenditure is less than any other Life Assurance Institution either in Europe or America, doing a corresponding amount of new business. Unparelleled Accumulation of Funds. The Accumulated Funds now exceed £8,169,310Assure your life in the AUSTRALIAN MUTUAL PROVIDENT SOCIETY, and seonre an ANNUAL BONUSorDIVIDEND, A Privilege which no other Colonial Life Office can grant its Members, Be careful that you select this Society, and do not be misled by the similarity of name of some of the other younger Australian offices. The Society can be considered quite as much a New Zealand as an Australian institution, seeing that all moneys received in tbe colony are invested here in advance on mortgage on first-class freehold' securities, loans to members on the security of their policies. Government debentures, and freehold branch office premises ; and the Society is thus assisting in developing the resources of the colony. THE SOCIETY HAS ASSETS IN NEW ZEALAND SECURITIES Amounting to £1,163,813 I No other Life Office in the Colony can give you such LARGE BONUSES as the AUSTRALIAN MUTUAL PROVIDENT SGCIE TY, and the effect of an Annual Bonus, which can ba taken in Cash, will be to reduce the coat of assurance to the lowest possible mnimnm. If you are already sufficiently assured yourself, iiduce your friends to follow your example. N.B, —The security afforded by y»s Society to its policy-holders is unsureassbd by that of any Life Office In the world. The Society has raised its limit on a single first-class life to £IO,OOO. Prospectuses, Forms of Proposal, and the last Annual Report, and all other information may be obtained on application to the Resident Secretary, Wellington, or from any of the Society's Agents. . ' 3D WARD W, LOWE, Resident Secretary. Y ICTORIA INSURANCE COMPANY (Limited). * Established 1849; Reconstructed 1879. Capital ... ... ... £1,000,000. Every desorption of Fire, Marine, and Fidelity Guarantee Risks effected at the Lowest Rates. LEVIN & CO., Agents. Australian mutual PROWDENT SOCIETY. This Society is prepared to grant Loans on approved first-dps Freehold Security. Borrowers will savepayment of commission by applying DIRECT to the Society, at the offices, Customhqise.quay, Wellington. , EDWARD W. LOWE, Resident Secretary. IMPERIAL FjRE INSURANCE COMPAIY, LONDON. Established 1803. Subscribed capital ... £1,200,000 Total invested funda over £1,600,000 Rinka accepted at lowest current rates. Protnp; and liberal settlement of claims. Offices-National Mutual Buildings, Cus-tomhouse-quay. ! FRANCIS H. PICKERING, 1 Resident Manager. LIVERPOOL AND LONDON AND GLOJE INSURANCE COMPANY, - Established 1836. Investd Funds... - ... £7,521,949 Claims Paid .t;- ... £20,316,928 Fire Rserve Fund ... £1,850,000 THIS Company offers to . insurers the .secnity of invested funds amounting to over SEWN MILLION POUNDS STERLING, BESDES THE UNLIMITED LI ABILITY CBViA VERY WEALTHY PROPRIETARY.*., BY A SPECIAL ACT OF THE NEW ZEALANE LEGISLATURE. THE COMPANY IS N A POSITION TO SUB OR BE SUED IN THIS COLONY. This Cocpany has ever been noted for its promptiade and liberality in settling claims. ' Lowest curent rates for all classes of Fire Insurance. * ;. LEVIN & CO., Agents. Y 1 lEWS DF MOUNT COOK AND GREAT TASMAN GLACIERS.—A special featue of our collection of views is the set of potographs of Mount Cook and the .Glaciersof the Tasman, Hooker, and Mueller. Mny of these photographs were obtained at feat personal risk during a fortnight’s earning but bn the great Tasman . Glacier, a reion only explored previously by three parties viz., Sealey, Rev W. V. Green and guides, and Dr von Leudehfeld, and are beautifnpiotnres for sending to friends as represening the gigantic snowfields of these parts. The price of these photograph Is the sanuas our other views, viz., 15s 1 dozen, and will be sent, post-paid to. any \ address imiediately on receipt of money. | A panoramajf five plates, - joined to roll up } for posting,showing the whole sweep ol Tasman Glaer, - 16 miles long, with Mount Cook Rangel2a. —-E. WHEELER & SON, • New Zealari Scenery Dep6t (est, 1855), Cathedral-sqare,. Christchurch, 217

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18900422.2.11.2

Bibliographic details

New Zealand Times, Volume LI, Issue 8970, 22 April 1890, Page 3

Word Count
867

Page 3 Advertisements Column 2 New Zealand Times, Volume LI, Issue 8970, 22 April 1890, Page 3

Page 3 Advertisements Column 2 New Zealand Times, Volume LI, Issue 8970, 22 April 1890, Page 3

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert