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A US'IRALIAN M UTO AT, PROVIDENT SOCIETY. ESTAB WISHED 1849. FOR MUTUAL LIFE ASSURANCE, to., without personal liability. Principal Office: New Pitt-street, Sydney. HnBE special advantages offered by this well- |_ established Society are— 1. UNDOUBTED SECURITY.—Outhe2Bth Feb., 1860, the ascertained total liability of i tlio Society was £153,000 | "While the accivuimulaied assets were 602,646 Showing a clear Surplus of ... £149,646 j There is over and above the Assurance Fund, (ho additionul security of a Special Reserve FunO of £50,000. At the above date the ] Society had in band equal to 70 per cent..of the ertiro Assurance Premiums received from members. I 2. L vEG-E BONUSES.—Because being a purely Mutunl Office the entire Profits belong to the Assured, nud hare not to be paid away in Dividends to Shareholders. The total Re- j versionary Bonuses declared by the Society | amount to £485,000. Members of the Assurance Branch can obtain the value of their Bonuses in Cash, or j appropriate them to a reduction of future- j Premiums. _ ! Premiums may be paid Half-Yearly or Quarterly. i Should a member die during the days of I grace whilst the premium is unpaid, the Policy ; will still be valid mid effectual. | PROFITS DIVIDED EVERY FIVE YEARS. LOANS, within the Surrender 'Value, are granted to Members on the Security of their Policies. \ SURRENDER VALUES are granted after a Po'icy 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 Office 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 huW 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 £700,003 Its Income is over ... 200,000 a year. THE PROFITS BELONG-EXCLUSIVELY TO ITS MEMBERS. From the magnitude of its resources it 13 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 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 ot? 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 : — | || Jj || I|| rM gS a% »"% *£!§ «, *»g j?§ &§ fi'A 3P hS «M 2C~ £1010 10 4 £305 0 ll £181 11 3 £45 13 G 35 1190 4 G 473 IT. 7 109 i 7 51 4 1 39 1285 10 0 503 IS 0| 214 G 3 40 11 11 42 1245 9 0 540 5 S] 2?.7 8 2 51 13 1 50 1347 010 020 7 4J 272 I_S^ 1 Forms of Proposal and every information may be obtained on application to MR. H. GILFILLAN, Agent for Auckland. 7, Queen-street. LOOK OUT FOR THE BLUE BOOT. CHEAPEST HOUSE IN TOWN FOR 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 Children's Boots, from 2a. Easy Style of Boots and Shoes Made to Order on the Premises. Repairs Neatly Executed, at a Price to Meet the Times. Note the Address : — BLUB ZBOOT 1, 203, QUEEN-STREET, Two Boors from Marks' Loan Office, and Opposite . and J. Dioket C. BRO O X 13 S.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/AS18710316.2.20.1

Bibliographic details
Ngā taipitopito pukapuka

Auckland Star, Volume II, Issue 369, 16 March 1871, Page 4

Word count
Tapeke kupu
699

Page 4 Advertisements Column 1 Auckland Star, Volume II, Issue 369, 16 March 1871, Page 4

Page 4 Advertisements Column 1 Auckland Star, Volume II, Issue 369, 16 March 1871, Page 4

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