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AUSTRALIAN MUTU ' L PROVIDENT SOCIETY. Established 1849, FOR MUTUAL LIFE ASSURANCE, &c, without personal liability. Principal Oefick : New Pitt-street, Byd.net. nnllE special advantages offered by this wellJ[_ established Jsoeiety are— 1. UNDOUBTED SECURITY.—On the2Bth Feb., 1R69, the ascertained total liability of the Society was... £453,000 While the accuuminlatcd assets were 602,646 Showing a clear Surplus of ... £149,646 There is over and above the Assurance Fund, the additional security of a Special Reserve Fund of £50,000. At the above date' the Society had in hand equal to 70 per cent, of (he entire Assurance Premiums received from members. 2. L RGE BONUSES.—Because being a purely Mutual Office the entire Profits belong to the Assured, and have not to be paid away in Dividends to Shareholders. The total Reveisionary Bonuses declared by the Society amount to £'185.000. Members of the Assurance Branch can obtain the value of their Bonuses in Castt, or appropriate them to a reduction of future Premiums. Premiums may be paid Half-Yearly or Quarterly. Should a member die during the days of grnce whilst the premium is unpaid, the Policy will still bo valid and effectual. PROFITS DIVIDED EVERY FIVE YEARS. LOAT^S, within the Surrender Value, are granted to Members on the Security of their Policies. SURRENDER VALUES are granted after a Po icy has endured 'ihree Years. Conditions for Residence and Voyaging Most Liberal. THE AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Is a purely Mutual Life Office, Local to Australia and New Zealand, not confined to one Colony, h A. common to nil ; Local to each Colony, but not restricted to any, and operating upon a broader busia, is therefore Safer than an Office confined within narrow limits. Is a i ife Office having a large number of Policy holders in New Zealand, and investing i l * Revenue from that place in the Public Spcurilii-s of the Country. The Assets of tho iriocit-ty comprise New Zealand Debentures to iho value of £64 000. Y'ns established in 1849, and it has sueI cessfully passed through the ordeals to which all nuW Life Offices are exposed. Having c impleted the Twonty-first Year of its exislonff, il has achieved a position of Stability Mil-1 Alii icnco unexampled in the history of Lie Oiiices. I!s Accumulated and invested Fund exceed? £700,000 Its Income is over ... 200,000 a year. THE PROFITS BE LONG EXCLUSIVELY TO lIS MEMBERS. From tii.' magnitude of its resources it is enabled to declare. LARGE BONUSES. j The sources of profit are increased by the his;ii rate of interest obtained on t.ho Invested Fun \a, also by tho difference between the margin provided for Expenses and the low rate of expenditure actually incurred by the Society, an advantage incidental to a large Business, Neither ov which can Extst in a New Office. The Annual rewnue was increased by £32.236 fiv>m New Assurances effected in the pasl year, a rate of progress which entitles it to rank with the First-class Assurance Institutions of tho United Kingdom. EXAMPLES OF BONUS. The following examples show the total Bonus Additions to (he Policies of £1000, under Tahle A, up to 28th February, I860:— £' ! |.i §.i 1-2 ' §•§ |i j «1 ! Il i ■ si \"' sj'J ' "*ii i'l i^d 20 UlOlO l(i •!• £395 0 1 .6101 11 3 £45 18 (i ;-.:! 1190 4 H 47:! 15 7 100 4 7 . r>l 4 1 30 12Si! 10 (i SOS 18 !1 214 6 :i 40 11 11 ■<-■> 12,','. !) 0 fi|<; .". a 227 S 2 51. IS 1 no ! 1^47 '.» to <;.'.-; r 4| 272 .is 7310 1 I Forms of Pi-r-;i.i-:il find every information may be obtained on application to :'.i:i. IT. G-ILFILLAN, Agent for Auckland. i _ 7, Queen-street. TK Z JiAT-KILLEE ! ! THE EATKILLEE ! ! 1 roHE only sure REMEDY for destroying JL HA IS in Auckland is WHITLAW'S AMERICAS' RAT DESTROYER. This Paste is Poison to Eats and Mice "Without Filli. One trill will satisfy anyone who is troubled with such vermin. To be had ONLS" at my Establishment, : Pitt-street. The Poisons imported from Home are useless on account of the tea voyage. My RATDKSTROYER does NOT contain any PHOSPHOROUS. Manufactured at my Laboratory, Pitt-stheet, -Auckland. !f2>.7* Note the Address — THE EED GLOBE LIGHT. Sold in boxes at Gd , Is., Is. 6d., 23. Gd. Sold wholesale at the above prices less 25 per cent, for cash.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18701205.2.18.3

Bibliographic details

Auckland Star, Volume I, Issue 282, 5 December 1870, Page 3

Word Count
716

Page 3 Advertisements Column 3 Auckland Star, Volume I, Issue 282, 5 December 1870, Page 3

Page 3 Advertisements Column 3 Auckland Star, Volume I, Issue 282, 5 December 1870, Page 3

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