Page 4 Advertisements Column 4

Thames Star, Volume VII, Issue 1983, 13 May 1875, Page 4

Fire and Life Insurance. O TAN D A E D FIBE AKD MABINE LNSUBAJNCE COMPANY OF NEW ZEALAND. THAMES AGENT:— KUWIH BIKKXT, ' Grahamstoirn. & 77-to ■■•■■■ .'.... ■ .■'.'■:'' VIEW ZEALAND GOVERNMENT LIFE INSURANCE. I—The Government Life Insurance Department issues all desirable forma of Policies. The Payment of every ; Policy is guaranteed by the Colony. Participation in Profits is authorised by the Legislature to be given to Policy-holders. 2-Premium rates are lower than those ef Prirate Companies. 3—No Policy or Medical Pees charged. 4—All Policies are non-forfeit-able 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, until the surrender-value of the Policy is exhausted in payment of premiums. s—Absolute Security from Loss. —Insurers, after having pnd three .full annual premiums, are guaranteed » cash surrender value of not less than 40 per cent, of the paid-up premiums ; and if for asy reason the premiums are not paid when due, a paidup Policy Trill be issued, generally equal in amount to. the premiums paid, and often much in excess, 6—Thirty days of grace we allowed on all Renewal Premiums. ■ ■; 7—Liberal conditions »• to travellingand residence. B—Policies protected from Bankruptcy-— An Insurance Policy effected by the,lnsured, bonajtde 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 five years, to £500; after seven years, to £1000; after ten years, to £2000. This protection npplies only in favour of the personal representative of the Insured. 9—-Married women may effect Policies, dispose of the money by will, us if single; and their Policies are protected from the debts of tbeir husbands, according to duration, to amounts similar to those stated above. 10—Settlement Policies.—Policies effected fur the benefit of the wife and children of the Insured are absolutely protected 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 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 and no discount charged. ; W. Gisboehe, Commissioner. AGENT FOE THE THAMES:--JAMES HQPCEAFIV EVE IN IN (J STA B; OFFICE, GbAHAMSTOWK. ;::