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AUSTRALIAN MUTUAL PROVjW SOCIETY. ™a ESTABLISHED 184,9. FOR MUTUAL LIFE ASSURANCE & WITHOUT PERSONAL LIABILITY. Principal Office: __w Pitt. SXeket Sydney. ' THE special advantages offered by this well established Society are— v" 1. UNDOUBTEDSECUfiIIT.-Onfch.__, Feb., 1869, the ascertained total liabilit, . the Society was £453 on While the acoummulated assets were - * - mm Showing a clear Sm-plus of ... £149"/^ There is over and above the Assuiea.e Fund the additional security of a Special R PS „;' Fund of £50,000 At the above date S Society had in hand equal to 70 per cent f the entire Assurance Premiums received f__ members. om 2. LARGE BONUSES.-Because bei_. purely Mutual Office the entire Profits belo. to the Assured, and have not to be paid a«_ in Dividends to Shareholders. The total 1 versionary Bonuses declared by the SocietC amount to £485,000. Clety Members of Ihc Assurance Branch car. 0n tarn the value of their Bonuses in Cash 0. appropriate them to a reduction of iniiZ Premiums. Premiums may be paid Half-Yearly or Quarterly. ' Should a member die during the dayaof grace whilst the premium is unpaid, the Policy will still be valid and effectual. ' PROFITS DIVIDED EVERY FIYI. 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 Yova _n_Most Liberal. THE AUSTRALIAN MUTUAL PEOVI. DENT SOCIETY. Is a purely Mutual Life Office, Local fo Australia and New Zealand, not confined to i one Colony, but common to all; Local to each Colony, but not restricted to any, and I 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 Bevenue from that place in thePublio 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 I cessfully passed through the ordeals to which all new Life Offices are exposed. Having completed the Twenty-first Year of its exis- i tence, it has achieved a position of Stability f and Affluence unexampled in the history of, I Life Offices. | Its Accumulated and Invested Fund ex- 1 ceeds £700,000 | Its Income is over ... 200,000 a year. ■ THE PROFITS BELONG EXCLUSIVELY I TO ITS MEMBERS. . I From the magnitude of its resources it is I enabled to declare f LARGE BONUSES. f. The sources of profit are increased by the H high rate of interest obtained on the Invested M Funds, also by the difference between the X margin provided for Expenses, and the low 'jj rate of expenditure actually incurred by the | Society, an advantage incidental to a large | Business, Neither of which can Exist in a K_W Office. /. I; The Annual revenue was increased by I £32,236 from New Assurances effected in the I. past year, a rate of progress which entitles it i to rank with the First-class Assurance Insti- I tutions of the United Kingdom. \] EXAMPLES OF BONUS. I The following examples show the total i| Bonus Additions to the Policies of £1000, ■ under Table A, up to 28th February, I860:- ■ . it ofl 8 § §§ if H 53.2 So _ 2 S. it. ■g gS 053 ojg gS M H fIS a*3 fil 1 f cs m . M <^ _ . '„" i O c3__ _tin cß_ _!d s_ •__ s_ J^ I 26 £1010 16 4 £395 9 1 £161 11 3 £46 IS } I 35 1190 4 6 473 15 7 199 4 7 61 4 « 39 1285 16 6 503 18 9 214 6 8 4911 U 42 1245 9 0 546 5 8 227 8 2 SI» 60 1347 910 626 7 4 272 1 8j JgjjJ Forms of Proposal and e*rery information may be obtained on application to ME. H. GILFILLAN, / I Agent for Auckland. | 7, Queen-street. CHARLES SUTTON, SODA-WATEK, T EMOS'fP* 1 AJ AND \ I CORDIAL MANUFACTUKEB,^ j _ _ flit -■" ■' Eden Ceesekt. **. . Ginger Wine o_. I Quinine Wine __, f Townsond's and Buchan's Sar6aparilla' | ON SALE.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/AS18710424.2.21.6

Bibliographic details
Ngā taipitopito pukapuka

Auckland Star, Volume II, Issue 401, 24 April 1871, Page 4

Word count
Tapeke kupu
677

Page 4 Advertisements Column 6 Auckland Star, Volume II, Issue 401, 24 April 1871, Page 4

Page 4 Advertisements Column 6 Auckland Star, Volume II, Issue 401, 24 April 1871, Page 4

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