General Notices V E W ZEALAND. GOVERNMENT LIFE INSURANCE. I—The Government Life Insurance Department issues all desirable forma 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 fall annual payment to the full extent of their value, under a special regulation providing for the continuance in force of every Policy for ihe original amount, until the surrender-value of the Policy is exhausted in payment of premiums. s—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 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 Bllowcd on all Renewal Premiums. 7—Liberal conditions as to travelling and residence. B—Policies protected from Bankruptcy. —An Insurance Policy effected by the Insured, benajide on his own life, is protected from bankruptcy or insolvency laws to a certaia 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 applies only in favour of the personal representative of the Insured. 9—Married Women may effect Policies, dispoee 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 ore 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 npportijnment is not made at the time, it can be subsequently inude by will. 11—Probate, &c, dispensed with —When a claim under a Policy dors not exceed £200, the Commissioner may dispense vith 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. Gisbobne, Commissioner. AGENT FOR THE THAMES :— JAMES HOPCBAFT, BYE3NIN3 STAR OFFICE, Gkahamstown. TRANSFER FORMS (NEW STYLE) FOB TRANSFER OF MINING » . ■■■ ■ ■ SHARES ' ON SALE \ AT THE Evening Star Office, albert street, Gbahamstown. NOTICE TO MERCHANTS, SHAREBROKERS MINE MANAGERS, ETC. THE LATEST CONVENIENCE mELEGEAPH FORMS (No. 171) bound in Books of 100 each, with Slock for keeping memorandum of telegrams, Just Published at the Evbning Stab office. These handy little books are coming info reneral use in Auckland, and other places, amongst all classes of businec men haying to transmit important telegrams
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Bibliographic details
Thames Star, Volume VII, Issue 2079, 2 September 1875, Page 4
Word Count
484Page 4 Advertisements Column 4 Thames Star, Volume VII, Issue 2079, 2 September 1875, Page 4
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