Page 4 Advertisements Column 4

Thames Star, Volume VII, Issue 1988, 19 May 1875, Page 4

Fire and Life Insurance

O T A N DAE D FIRE AND MARINE INSURANCE COMPANY OP NEW ZEALAND. THAMES AGENT :— Ebwih; Biwubtj , Grahnmstown. 77-tc

' ;\\.:: _ GOVEBNMENT3, r/vH:":,;. LIFE,; INSUEANtJi;:

I— The Government Life Insurance Department issues all desirable forms of Policies. The Payment of every Policy is\guaranteed by the Colony.. Participation in Profile 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 Fees charged. 4—AH 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. ' ! i s—Absolute Security from Loss. -rlngurere, 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 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 of grace are allowed on all Renewal Premiums. . 7—Liberal conditions a» to travelling and residence. ■ B—Policies protected from Bank? ruptcy-—-An Insurance Policy effected -by the Insured, b»nafide 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 ;i£2oo; after five "years, to £500; after seven years, to £1000; after ten' years, to £2000. This protection applies only in favour of--the personal representative of the Insured. %■ • 9—Married Women may effect Policies, dispose of the money.by will, as 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 for 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 legs than seven years. If apportionment is not made at the time, it can bo 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 savisg great expense to the representatives of the Insured. 12—PrompfLjoayment of Claims and no discount charged. , W. GISBOENE, Commissioner. AGENT If OR THE THAMES:— JAMES HOPCBAFr, ETBMJJ3 STAB OFFICE, Gbahamstowk.'.,.,"