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AUSTRALIAN MUTUAL PROVIDE** SOCIETY. £ Established 1849. "l FOR MUTUAL LIFE ASSURANCE,1 & 0 WITHOTTT lEBSONAI XIABItrTT. PbINCIPAX OFFICE: MbW PmsSTKEKT Sydotst. ' 1. UNDOUBTED SECURITY.-Onthe2RH, Feb 1869, the ascertained total liabUi£ o f the Society was £453nnn While the aecummulated asset 9 o>wu Were J02,8^ Showing a clear Surplus of ... £149gj0 There is over and above the Assurance Fund the additional security of a Sneckl T*» ' Fund of £50,000. At the aboVe date 2 Society had in hand equal to ft) per cent of the entire Assurance Premiums received fiil members. m 2. LARGE BONUSES.—Became ben,* purely Mutual Office the entire Profit* belon to the Assured, and have not to be paid xni in Dividends to Shareholders. The total 1& versionary Bonuses declared by the Bt*£L amount to £485,000. let* Members of the Assurance Branch can ob tain the value of their Bonuses in Cash or appropriate them to a reduction of future Premiums. Premiums may be paid Half-Yearly m Quarterly. * Should a member die during the dayi of grace whilst the premium is unpaid. thaPni;™ will still be valid and effectual. PROFITS DIVIDED EVERY FTVtt 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 Vovam'tio Most Liberal. P g THE AUSTRALIAN MUTUAL PROVT 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 thePuhlio ' 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 m cessfully passed through the ordeals to which all new Life Offices are exposed. Having; completed the Twenty-first Year of its exißtence, 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 4 TO ITS MEMBERS. From the magnitude of its resources it i enabled to declare '•'-■■ : ; LARGE BONUSES. The sources of profit are increased by the high rate of interest obtained on the Inverted 'Funds, ahoby.- the. difference between the margin provided, ibr Expenses, and the lotf rate of expenditure actually incurred by the Society, an advantage incidental to a large Business, , Neitheb of which can Exist nr a., N^r■.., Office. The Annual revenue was increased by i £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 Bhow the total Bonus Additions to the Policies of £1000, under Table A, up to 28th February, 1860:----f If §§ $§ :|| : 2 5| «| af :g a g <i n *4 g «J t-,":: 3 £§ II s^i | § s" ** S(g --^- I 26 £1010 16 4 £395 9 1 £161 11 3 £45 IS 6 | 35 1190 4 6 473 15 7 199 4 7 51:4rj S 39 1285 16 6 603 18 9 214 6 8 4911» I 42 1245 9 0 546 5 8 227 8 2 JIM J i 50 1347 910 626 7 4 272 1 8 jg_l9j J Forms of Proposal and every information 1 may be obtained on application to j | MR. H. GILFILLAW, || Agent for Auokland; 7, Queen-street. Ij CHARLES SUTTON, I nODA-WATE», T EMOKAI>I I AMD i , CORDIAL MANUFAOTFRIB,.^ H EdenCbesbht. V '; Ginger Wine \ . IW Quinine Wine : § ,'■ E Town send's and Buch«n's Sarsaparite I ON SALE. I

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/AS18710428.2.18.6

Bibliographic details
Ngā taipitopito pukapuka

Auckland Star, Volume II, Issue 405, 28 April 1871, Page 4

Word count
Tapeke kupu
637

Page 4 Advertisements Column 6 Auckland Star, Volume II, Issue 405, 28 April 1871, Page 4

Page 4 Advertisements Column 6 Auckland Star, Volume II, Issue 405, 28 April 1871, Page 4

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