INSURANCE CLAIMS.
POLICIES PROTECTED. SURRENDER AND BONUS VALUES. (By Telegraph—Press Association.) CHRISTCHURCH, Monday. Judgment in favour of certain policy-holders in a dispute concerning an insurance scheme promoted 20 ypars ago under the Tontine system was given by Judge Adams to-day. He held that an insured person who had failed to pay premiums for a period exceeding one year, and whose policy had been protected out of surrender value was entitled to participate in the pro- j ills of the fund even if such policy j were transferred to the trustees of the fund; also ttiat an insured person | whose bonus additions were more than sufficient, to protect his policy until j maturity was entitled to participate in the profits of the pool. !
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Bibliographic details
Waikato Times, Volume 103, Issue 17408, 22 May 1928, Page 9
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122INSURANCE CLAIMS. Waikato Times, Volume 103, Issue 17408, 22 May 1928, Page 9
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