Chances are, if you're a Government Life policyholder, you just received a bonus that amounted to more than you paid us in premiums. If you re one of our participating policyholders policies we're returning at least $33 in extra congratulations. You just received your biggest bonus cover at no cost for every SI,OOO of insurance, ever. In many cases, the amount of extra bonus cover In addition, for the first time, we are paying exceeded what you paid us in premiums this year. a special additional 15% of the total bonuses on For instance, on a standard $20,000 Whole of any policy if it matures or becomes a claim during the Life policy taken out 10 years ago by a 25 year old, next twelve months, from 1 July 1981. the yearly premium would be $291.00. The 1980 This is our highest bonus rate ever; the result of bonus cover would be SBII.BO. That means you got careful and skillful management of our investment $520.80 more in extra cover than you paid us in funds and administration of our Life Office, premiums. The total bonuses on the policy over 10 Naturally, the amount of bonus cover you years would now total $5413.10. receive depends on the type of policy, and how long We are the only fully mutual Life Office you've had it. But one thing is clear. If you're a owned by the people of New Zealand. That of Government Life policyholder you came out on means we return all of our profits to our ISV J O top this year. And if you aren't maybe its time policyholders. This year on Whole of Life you called your nearest Government Life Office. policies we're returning at least $33 in extra cover at no cost for every SI,OOO of insurance. In addition, for the first time, we are paying a special additional 15% of the total bonuses on any policy if it matures or becomes a claim during the next twelve months, from 1 July 1981. This is our highest bonus rate ever; the result of careful and skillful management of our investment funds and administration of our Life Office. Naturally, the amount of bonus cover you receive depends on the type of policy, and how long you've had it. But one thing is clear. If you're a Government Life policyholder you came out on top this year. And if you aren't maybe its time you called your nearest Government Life Office. Government Life MACKAY KING GLIS6 MACKAY KING CL 156
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https://paperspast.natlib.govt.nz/periodicals/TUTANG19820801.2.29.1
Bibliographic details
Tu Tangata, Issue 7, 1 August 1982, Page 26
Word Count
421Page 26 Advertisement 1 Tu Tangata, Issue 7, 1 August 1982, Page 26
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