Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

AUSTRALIAN MUTUAL PROYHjiW SOCIETY. T Established 1849 FOR MUTUAL LIFE, ASSURANCE, & 0 without personal liability, ' °'' Peinoipal Office: New Pitt-btbe™ S_DNET. > THE special advantages offered _▼_____ _. „ established Society are— 7 *eU' 1. UNDOUBTED SECURITY.-Onthp^u Feb 1869, the ascertained total fibSg* the Society was... ~ fiASo a^ While the ac«_mmulated assets' M,oo° Were - 3646 Showing a clear Surplus of ... £149 cZ There is over and above the Assuie__ ce FiL/. the additional security of a Special Reg«~_ Fund of £50,000 At the aUe fiS Society had in hand equal to 70 per cent f the entire Assurance Premiums received frn» members. urn 2. LARGE BONUSES.-Because beb»„ purely Mutual Office the entire Profits bel__! to the Assured, and have not to be paid ami in Dividends to Shareholders. The total Kversionary Bonuses declared by the Swi«K. amount to £485,000. lel* Members of the Assurance Branch can ot tain the value of their Bonuses in Cash or appropriate them to a reduction of f u t_» Premiums. Premiums may be paid Half-Yearly or Quarterly. '■ l Should a member die during the days of grace whilst the premium is unpaid, thePolicv will still be valid and effectual. } PROFITS DIVIDED EVERY FIVE1 YEARS. LOANS, within the Surrender Value are granted to Members on the Security of their Policies. SURRENDER VALUES are granted after a Policy has endured Three Years. Conditions for Residence and Vova»in_. Most Liberal. b B\ THE AUSTRALIAN MUTUAL PROVL DENT 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 inveatkg its Revenue from that place in theJßublic 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 bas successfully passed through the ordeals to which all new Life Offices:are exposed. Having completed the Twenty-first Year of its exfr tence, it has achieved a position' of Stability I end Affluence unexampled in tbe history of i Life Offices. ■ " ' : Its Accumulated and Invested Fund exceeds .' £700,000 Its Income is over ... 200,000 a year, THE PROFITS BELONG EXCLUSIVELY TO ITS MEMBERS. From the magnitude of its resources it a enabled to declare LARG.E 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 Tlow rate of expenditure actually incurred by the Society, an advantage incidental to a large Business, Neithee of which oak Exist is 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 Insti- I tutions of the United Kingdom. I. I EXAMPLES OF BONUS. I The following examples show the total 1 Bonus Additions to the Policies of £1000, 1 under Table A, up to 28th February, I860:- I & H ll ' |l |J: ! •3 fiS £_% .82 Si 1 5 *'3 -s| -si 2| is g"< to"*. g^ „^ j & Sg S3 S3 |g j 3 >.« >.a **g £§<y S« S3 S(§ _££__ J; 26 £1010 16 4 £395 9 1 £161 11 3M5 ljj } 35 1190 4 6 473 15 7 199 4 7 51 *„ 39 1285 16 6 503 18 9 2H 6 8 49111 42 1245 9 0 546 5 8 227 8 2 51 U » 50 1347 910 626 7 4 272 1 8 ISaJ . Forms of Proposal and every infonu-tioii j. may be obtained on application to | MR. H. GILFILLAN, ~ I Agent for Auckland. I 7, Queen-street. I CHARLES SUTTON, ; | SODA-WATER, T EMO_UJ» I L. AND CORDIAL MANUFACTURE?.: Eden Cbeskft. I Ginger Wine I Quinine Wine • Townsend's and Buchan's Sarsapftrilk j I ON SALE.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/AS18710418.2.21.6

Bibliographic details
Ngā taipitopito pukapuka

Auckland Star, Volume II, Issue 396, 18 April 1871, Page 4

Word count
Tapeke kupu
659

Page 4 Advertisements Column 6 Auckland Star, Volume II, Issue 396, 18 April 1871, Page 4

Page 4 Advertisements Column 6 Auckland Star, Volume II, Issue 396, 18 April 1871, Page 4

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert