THE AUSTRALIAN WIDOWS' FOND LIFF. ASSURANCE SOCIETY, LIMITED. (Established 1871,) (Conducted on purely rautua principles.) FOR MUTUAL LIFE ASSURANCE, ANNUITIES, "AND ENDOWMENTS. 1 Chief Offices—Melbourne, Sydney, 'Wellington, Adelaide, Brisbane, and Launceston. Head Office for New Zealand —6, Custom House Quay, Wellington. | Board oi directors— John Outline Wood Aitken, (Altken, Wilson and Co) Chairman, Walter Fell, M.D., Oxon,, M.R.0.5., London, Alexander Horsburg Turnbull (W, and G. Turnbull and Co.) Actuary—James Graham, F,I.A-, F.FA. Resident Secretary—Charlea J. Fowior, Accumulated Funds exceed £1,200,000. Annual Bevenue exceeds £200,000 fill Profits Belong to the Assured, SPECIAL PROSPECTUS of a New System of Life Assurance , exempting from Payment of Premiums when the Assured is either temporarily or permanently incapacitated either by accidental bodily injury or by illness or by mental disorder. ILOAINfs* AGAINST SUBRENDKI? VALUE. The Society will at all times advance, on the simple security of tho*Folicy, to the extent of nine-tenths of its surrender value, Members are stongly recommended to keep their policies in force as long as possible, and in the event of a temporary financial trouble to borrow against the surrender values of their policies rather than discontinue them altogether * The amount thus borrowed can be repaid at convenience, provided the interest be regularly met and the renewal premiums promptly pail, if this be done, the amount borrowed can remain as a charge to be ded iccel ‘from the sum assured in case of death. -—nor a LOAN» OJV IDKISSOIVAL AIVJL> JFJS33IS UOILD SECUIUTY. Ono'calondar meat’s grace is allowed oa lianewal Premiums, and Policies that have been allowed to lapse through, oversight or from pressure of may be revive 1 at any time witbiu TJEXXB/IMBISN months from the date when the Premiums jjbecavne due, on certain conditions. ABSOLUTE SiJCUJKIXY,! The Australian Widows’ Fund provides for its Members that, I ,Absolute Security which is the most essential feature in a Lite Assurance Contract, By valuing its liabilities upon the “Pure Premium” method, the whole!,of the expenses of carrying on and extending the business have treated as a charge upon, and have been paid, ONCE AND NO It a.LL, out of the revenue ot the period in which they were incurred. The sources from which the Society’s profits will arise in future years Doing thus presetvect intact and not anticipated in any way, is the best guarantee that the profits _of future years will"compare favourably witn those of the past. 3XOINXIIJL.Y AUDIT. audit of the books and accounts of the Society is| carried joattfbT two professional auditors—a now featuto introduced by this Society, and well calculated to protect the rights and property Jof the Members. The Directors’ and Auditors’ Reports, with Balance-sheet, are submitted at each yearly meeting of the Members. THE RESERVES OF THE AUSTRALIAN WIDOWS ’ FUND ARE BASED UPON TEN Severest Standard Known to Actuarial Science. PII INCIP ALi ! P OIN T S JB XI O U<A 11 X O UJX lIN Xj 11213 FIFTH QUINQUENNIAL iNVES TLG A T?10 N 1, A Steady in the Now Business. 2. A Steady Reduction in the Void|Busuio3S. 3. Hoc! net ion of nearly 4 per cent, Expenses. 4, A Favourablo*Rffie °f Mortality. 5? The High Actuarial Stmdard of Valuation adopted by the Society Jin 1891 has been adhered to. ( G. ABSOLUTE SECURITY has been throughout recognised as the paramount consideration, Foi further particulars apply R. W. HAMERTON, RESIDENT AGENTd , 05 PATE 4 mn oisrmr.
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Bibliographic details
Patea Mail, Volume XII, Issue 53, 31 May 1899, Page 1
Word Count
560Page 1 Advertisements Column 3 Patea Mail, Volume XII, Issue 53, 31 May 1899, Page 1
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