Page 2 Advertisements Column 1

South Canterbury Times, Issue 6237, 9 June 1890, Page 2

GOVERNMENT life insurance DEPARTMENT. Established 1870. EVERY POLICY GUARANTEED BY THE STATE. LOW PREMIUMS and LARGE BONUSES. The aim of this Department has been to provide Life Insurance at the minimum cost compatible ■with safety. It does not charge its policy-holders unnecessarily large premiums In order to enable it subsequently to attract the ignorant by the glitter of increased bonuses. The premiums which it charges are the lowest compatible with perfect safety, and are less than the participating rates of any other office doing business in Australasia. In spite of this fact, at the last valuation (December, 1885) the assets of the office were found to exceed the liabilities by no less a sum than £242,000 sterling-A result due to economy of manage* ment and low mortality. PRESENT FUNDS over ONE AND A HALF MILLION POUNDS. ' ANNUAL INCOME exceeds £282,000, ■ F. W. FRANKLAND, F.1.A., fl Commissioner and Govt. Actuary. 2HH Ginn mi rai ALMANAC AND DIAET Published Only at the Office OF THE nMABU HERALD. To b« had o£ all Booksellers in Timaru, and , Agents of the Tuubu Hebaid throughout Sout> 9anter-