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AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Established 18-19. FOR MUTUAL LIFE ASSURANCE, &0., WITHOUT PEfiSONAI, XIABILITX. Peincipalj Ojticr -. New Pitt-street, Sydney. THE special advantages offered by this wellestablished Society are — 1. UNDOUBTED SECURITY.—Onthe2Sth Feb., 1869, the ascertained total liability of tie Society was £153,000 While the acccrrnmiluted asset 3 .were 602,616 Showing a clear Surplus of ■•• £14-9,640 There is over and above the Assurance Fund, the additional security of a Special Reserve Func* of £50,000. At the above date the Society had in hand equal to 70 per cent, of the entire Assurance Premiums received from members. 2. L 'T?G-E BONUSES.—Because being a purely Mutual Oflice the entire Profits belong to the Assured, and have not to be paid away in Dividends to Shareholders. The total Reyersionary Bonuses declared by the Society amount to £485,000. Members of fchepj Assurance Branch can obtain the value of their Bonuses in Cash, or appropriate them to" a reduction of future Premiums. Premiums may be paid Half-Yearly or Quarterly. Should a member die during the cloys of grace whilst the premium is unpaid, the Policy ■will still be valid and effectual. PROFITS DTVIDKD ETERY FIVE YEAR*. LOANS, within the Surrender Value, are granted to M embers on the Security of their Policies. ; SURRENDER VALUES are granted after a Policy has endured Three Years. Conditions for Residence and Voyaging Most Liberal. HE AUSTRALIAN MUTUAL PROVIDENT SOCIETY. Is a purely Mutual Life Office, Local to Australia and New Zealand, not confined to one Colony, but common to all; Local to each Colony, but not restricted to any, and ( operating upon a broader basis, is therefore Safer than an Oflice confined within narrow limits. Is a life Office having a large number of Policy holders in New Zealand, and investing its Revenue from that place in the Public Securities of the Country. The Assets of tho Society comprise New Zealand Debentures to the value of £64.000. Was established in 1849, and it has successfully passed through the ordeals to which all new Life Offices are exposed. Having completed the Twenty-first Year of its existence, it has achieved a position of Stability aud Affluence unexampled in the history of Life Offices. Its Accumulated and Invested Fund exceeds £700,000 Its Income is over ... 200,000 a year. THE PROFITS BELONG- EXCLUSIVELY TO lIS MEMBERS. From the magnitude of its resources it is enabled to declare LARGE BONUSES. The sources of profit are increased by the high rate of interest obtained on the Invested Funds, also by the difference betv/een the margin provided for Expenses, and the low rate of expenditure actually incurred by the Society, an advantage incidental to a large Business, Neithee op which can Exist in a New Office. The Annual revenue was increased by £32,236 from New Assurances effected in the past year, a rate of progress which entitles it to rank with the First-class Assurance Institutions of the United Kingdom. EXAMPLES OF BONUS. The following examples show the total Bonus Additions to the Policies of £1000, under Table A, up to 28th February, 1860 :— ■£ os o-rj OS :--3 S3 """3 ""£ "a £3 8 -Si .9| -S| .23 rt B"j B"j 5. 'pI * tl II si a 2G £1010 16 4 £305 9 1 £101 11 3 £45 13 0 35 1100 4 C 473 15 7 199 4 7 51 4 1 39 1285 10 0 503 18 9 214 0 3 4<) 11 11 42 1245 9 0 54G 6 8 227 8 2 51 18 1 50 1347 910 020 7 4 272 1 8] 73 19 1 Forms of Proposal and every information may bo obtained on application to MR. H. GILFILLAN, Agent for Auckland. 7, Queen-street.

LOOK OUT FOR THE BLUE BOOT, CHEAPEST HOUSE IN TOWN 'TOK GOOD COLONIAL PEGGED BOOTS. JUST arrived, a large quantity of Ladies' Best Kid Boots, from Bs. 6d. Maids' Kid Boots, from 4s. 6d. A Large and Well-assorted Stock of Chil-; dren's Boots, from 2s. Easy Style of Boots and Shoes Made to Order on the Premises. Repairs Neatly Executed, at a Price to Meet the Times. Note tee Address : —- BLUE IB O O T l, 203, QUEEN-STREET, Two Dooes teom Macks' Loan Office, and OITOSITE J v AND J. DICKEY'S. C. BROOK ES.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/AS18710228.2.23.1

Bibliographic details
Ngā taipitopito pukapuka

Auckland Star, Volume II, Issue 355, 28 February 1871, Page 4

Word count
Tapeke kupu
706

Page 4 Advertisements Column 1 Auckland Star, Volume II, Issue 355, 28 February 1871, Page 4

Page 4 Advertisements Column 1 Auckland Star, Volume II, Issue 355, 28 February 1871, Page 4

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