AUSTRALIAN MUTUAL PROVIDENTSOCIETY. l Established is__ FOR MUTUAL LIFE ASSURANCE, &0 WITHOUT PEESONAL LIABILITY. ' Pb_ncipal Office: New Pitt-stbe... Sydney. » THE special advantages offered by thU w „n established Society are— Well' 1. UNDOUBTEDSECURITY.-Onthe2Bt_ Feb., 1869, the ascertained total liabilitt f the Society was £4<_nn_ While the accumulated assets ' were - J02,64_ Showing a clear Surplus of ... £149^ a _ Th! r. i? oVer and above the Assui .ace Pnn_ the additional security of a Special R ef _-._ Fund of £50,000 At the above £gg* Society had m hand equal to 70 per cent 7f the entire Assurance Premiums received ___ members. m 2 LARGE BONUSES.-Because bein_-„ purely Mutual Office the entire Profits SSJ to the Assured, and have not to be paid a*_l m Dividends to Shareholders. The total K_ versionary Bonuses declared by the Soci. £ amount to £485,000. le<7 Members of the Assurance Branch can ob tain the value of their Bonuses in Cash or appropriate them to a reduction of futu.. Premiums. Premiums may be paid Half-Yearly op Qu .rterly. ' Should a member die during the days of-" grace whilst the premium is unpaid, thePolicv will still be valid and 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 Policy has endured Three Years. Conditions for Residence and Vova _n_ Most Liberal. b 8 • 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 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 sue* cessfully 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 I TO ITS 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 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 op which can Exist in a -Jew Office. The Annual revenue was increased by £32,236 from New Assurances effected in the . j past year, a rate of progress which entiMesit . to rank with the First-class Assurance Institutions of the United Kingdom. EXAMPLES OF BONUS. The foHowing examples show the total Bonus Additions to the Policies of £1000, under Table A, up to 28th February, I860:— j _• 2 J s§ 8 J s| "5 fiS £••§ fig ■ SS ' : _ . **3 _*_■ -H .3 2 -S _ ._■§ .S-3 _3 t ». _ . _ . „"*• ! ~ _ M *-< .„ _ _. _**<«* §._ __ __ »(?■ 26 £1010 16 4 £395 9 1 £161 11 3 £45 13 6 | 35 1190 4 6 473 15 7 199 4 7 51 4 J 39 1285 16 6 503 18 9 214 6 8 49 11« . 42 1245 9 0 546 5 8 227 8 2 61 18 J 50 1347 910 626 7 4 272 18 73_lM' j Forms of Proposal and every informahon j may be obtained on application to . I MR. H. GILFILLAN, j Agent for Auckland.. 7, Queen-street. - CHARLES SUTTON, QODA-WATER, T EMJoNABB 1 AND "*** . J CORDIAL MANUFACTUiaff^ ' / Eden Cbesent. Ginger Wine ' . Quinme Wine Townsend's and Buchan's Sarsaparilla* ON SALE. . I
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Auckland Star, Volume II, Issue 400, 22 April 1871, Page 4
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642Page 4 Advertisements Column 6 Auckland Star, Volume II, Issue 400, 22 April 1871, Page 4
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