Page 1 Advertisements Column 3

Patea Mail, Volume XII, Issue 54, 2 June 1899, Page 1

I THE AUSTRALIAN WIDOWS’ FUND LIFE ASSURANCE SOCIETY. LIMITED. (Established 1871,; (Conducted on purely mutua principles.) FOR MUTUAL LIFE ASSURANCE, ANNUITIES, UVND ENDOWMENTS. Chief Offices—Melbourne, Sydney, Wellington, Alelaido, Brisbane, and Launceston. Hoad Office for Now Zealand —6, Custom House Quay, Wellington, Board of Directors—John Guthrie Wood Aitken, (Aitkon, Wilson and Co) Chairmen, Walter Fed, M.D., Oxon., M R. 0.5., Loudon, Alexander Horsburg Turnbull (W, and G. Turnbull and Co.) Actuary—James Graham, FJ.A-, F.F A, Resident Secretary—Charles J. Fowler, Accumulated Funds exceed ££200,000. Annual Bevenue exceeds £200,000 All Profits Belong to the Assured, SPECIAL PROSPECTUS of a New Syitem of Life Assurance , exempting; from Payment of Premiums when the Assured is either temporarily or permanently incapacitated either by accidental bodily in jury or by illness or by mental disorder . LOANS AGAINST SlJlilLl KINDEST* VALUE, The Society will nt all times advance, on the simple security of the Policy, 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 :he event of a temporary fmrncial trouble to borrow against tfie surrender values of their policies rattier than discontinue them altogether* Tiro amount thus borrowed can be repaid at convenience, provided the interest bo regularly met and the renewal premiums promptly pvil. if this bo done, the amount borrowed can remain as a charge to be deducted (from the sum assured in c iso of death. WECUKITA. One calendar moat’s grace is allowed on Renewal Premiums, and Policies that have been allowed to lapse through oversight or from pressure of circumstances nny be revive 1 at any time within TmRT23>3N months from the date when the Premiums Jbccamo due, on certain conditions. ABSOLUTE SiBCUJTITY. The Australian Widows’ Fund provides for its Members thatg'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 Jbeen, treated as a charge upon, and have been pii l , ONCE AND FOR aLL, out of the revenue ot the period iu which they were incurred. Tho sources from which the Society’s profits will arise in future years Deiug thus preserved intact and not anticipated iu any way, is the best guarantee that tho profits of future years wili'eompare favourably wita those of the'past. MONTHLY AUDIT. A?monthly audit of the books and accounts of tho Society is carried out by two professional auditors—a new foatuie introduced by this Society, and well calculated to protect the rights and property of tho Members. The Director s’ and Auditors’ Reports, with Balance-sheet, are submitted at each yearly meeting of ihe Members. THE RESERVES OF THE AUSTRALIAN WIDOWS' FUND ARE BASED UPON THE Severest Standard Known to Actuarial Science. PRIN CIPA L TOINT S JLS 1A O U G- II T O UJX lIS ALUJiB FIFTH PIHPENNIAL INVESTIGATION 1. A Steady, increase in tlio New Business. 2. A Steady Reduction iu the Void Business. 3. Reduction of nearly 4 per cent, in tho Expenses’, 4. A Favouniulo Rato of Mortality. 5 Tho High Actuarial St mdard of Valuation adopted by the Society iu 18 I JI has been adhered to, i tj. ABSOLUTE SECURITY has boor throughout recognised as the paramount consideration, j For further parthabuts apply R. W. HAMERTON, RESIDENT AGENT, -s PATKA ANI> mmor