General Notices .Vr E W ZEALAND. GOVERNMENT LIFE INSUKANCE. I—The Government Life Insurance Department issues ull desirable forms of Policies. The Payment of every Policy is guaranteed hy the 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 Fees 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. 5 —Absolute Security from Loss. —Insurers, after having paid 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 ore 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 as to travelling and residence. B—Policies protected from Bankruptcy. —An Insurance Policy effected by the Insured,, hsnafide 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 year*, 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 less than seven years. If apportianmenfc is not made at tho time, it can bo subsequently made by will. * 11—Probate, &c, dispensed with —When a claim under a Policy docs 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. GISEOBUE, Commissioner. AGENT FOE THE THAMES :— JAMES HOPCRAET, EVENING STAB OFFICE, Gbahamstown. TRANSFER FORMS (NEW STYLE) FOE TRANSFER OF MINING SHARES ON SALE AT THE Evening Star Office, . ALBERT STREET, Gbahamstown. NOTICE TO MERCHANTS, SHAREBROKERS | MINE MANAGERS, ETC. THE LATEST CONVENIENCE mELEGBAFH FORMS (No. 171) bound in Books of 100 each* with Block for keeping memorandum of telegrams, Just Published at the Hvsirura Stab office. These handy little books are coming info veaeral use in Auckland, and other places, amongst all classes of busines m&n having to transmit important telegrams
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Bibliographic details
Thames Star, Volume VII, Issue 2078, 1 September 1875, Page 4
Word Count
488Page 4 Advertisements Column 3 Thames Star, Volume VII, Issue 2078, 1 September 1875, Page 4
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