Page 4 Advertisements Column 5

Thames Star, Volume VII, Issue 1905, 10 February 1875, Page 4

i^r EW ZEALAND. GOVEBNMENT LIFE INSUBANGE. I—The Government Life Insurance J)epartnient isßues all desirable forms of Policies, The Payment of every Policy is guaranteed ty tlie Colony. Participation in Profits is authorised by the Legislature to be given,to Policy-holders. 2 - Premium rates are lower than those of Private Companies. -■ ■ ■■ ■ ' ' > ■ * ■ 3—No Policy or Medical Pees charged. ; 4—All Policies are nonforfeitable after one full annual payment to the full extent of their value, udder a special, regulation providing for the continuance in force of every Policy for ibe original amount, until the surrender-value of the Policy is exhausted in payment of premiums. 5-Absolute Security from Loss. —Insurers, after having paid three full annual premiums, are guaranteed a cash surrender value of not less than 40 per cent, of the paid-up premiums; and if for aay reas/m the premiums are not paid when due, a paidup Policy will be issued, generally equal M amount to the premiums paid, and often much in excess.

6-Thirty days of grace are allowed on all Renewal Premiums. 7—Liberal conditions as to travelling and residence. B—Policies protected from Bank-ruptcy-—An Insurance Policy effected by ..the Insured, ionafide on his own life, is protected from bankruptcy or insolvency laws to a certain amount, which increases with its duration. Thus, after it has endured for two j years, it is protected to the extent of £200; after five years, to £500; after seven years, to £1000 ; after ten years, to'£2ooo. This protection Applies only in favour of the personal represent at ire of the Insured. 9—Married women m«y effect Policies, dispose of the money by will, ss if single j and their Policies are protected from the debts of their husbands, according to dura- j tion, to amounts similar to those stated above. , I 10—Settlement Policies.—Policies J effected for the benefit of the "wife and children of the Insured pre absolutely pro* tected from the claims of creditors to the extent of £2000, provided that the premiums are payable during life, or any period not lets than seven years. If apportionment is not { made at the time, it can be subsequently made ! by will. .. . ' 11—Probate, &c, dispensed With —When a claim under a Policy does not exceed £200, the Commissioner may dispense with the production of Probate or Letters of Administration, thus saving great expense to the representatives of the Insured. 12—Prompt payment of Claims 1 and no discount charged. W. GISBOBBE, Commissioner. AGENT FOR THE THAMES:— JAMES HOPCBAIT, iTimsa siak office, Gbahamstown.