Page 4 Advertisements Column 4

Thames Star, Volume VII, Issue 1925, 5 March 1875, Page 4

I YEW ZEALAND. GOVERNMENT LIFE INSURANCE. l~The Government Life Insurance Department issues all desirable forms of Policies. The Payment of every JPolicy is guaranteed by the Colony. Participation in Profits is authorised by the Legislature to be given to Policy-holder*. 2 - Premium rates are lower than thoso of Private Companies. 3 -No Policy or Medical Fees charjjW. 4—All Policies are non-forfeit-ablc after one full annual payment to the full extent of their value, under a special regulation providing for the continuance in force of every Policy for the original amount, i until the surrender*value of the Policy is ex- - hausted in payment of premiums. s—Absolute Security from Lois. —Insurers, after having pud three full annual premiums, are guaranteed a cash surrender value of, not Jess than 40 per cent, of the paid-up premiums;, and if for any reason the premiums are not paid when due, a paidup Policy, will be issued,. generally equal in amount to the. premiums paid, and often much in excess. 6—Thirty days 6f grace areallowed on alt Renewal Premiums. - 7—Liberal conditions as to travelling iind residence. B—Policies protected from Bankruptcy. —An Insurance Policy effected by the Insured, honafide 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 years, it is protected to the extent of £200; after rtive years, to £500; after seven years, to £1000; after ten years, to £2000. This protection nppliea only in favour of the personal representative of the Insured. 9- Married women may effect Poiicies, divpoiQ. of the money by will, 8.8 if single; and their Policies are protected from the debts of their husbands, according to duration, to amounts similar to those stated above. 10—Settlement Policies- —Policies effected f-r the benefit of the wife and children of the Insured ara 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 less than seven years. If apportionment is not made at the time, it can bo subsequently made by will. £ , .[. 11—Probate, &c., dispensed with 7 —When a claim under a Policy dors 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. Gjsbobse, Commietioner. AGENT FOB THE THAMES:— JAMES HOPCBAFT, EVIDJSIKG STAB OFFICE, Gbahamstowk.