Page 8 Advertisements Column 5

Bay of Plenty Beacon, Volume 7, Issue 52, 25 February 1944, Page 8

PUBLIC NOTICES STATE FIRE INSURANCE OFFICE AGAIN REDUCES RATES OF INSURANCE TO THEIR POLICY HOLDERS REDUCTIONS ANNOUNCED■ A new schedule of rates has been,' adopted by the State. Fire Insurance Office and will come into operation, in respect to wooden dwellings on March 1. Because of the great amount of. work involved in, adjust-, ing premiums and, the extreme shortage of staff, it will not be practice able, it lis stated, to apply new rates; for other risks until 'later. "The new rating schedule for wooden dwellings reduces the present three grouping classes to two, and abandons all loadings for contiguity which have applied in the past," stated the. Minister in chargeof the 1 State Fire Office, the Hon. D. Wilson. "In addition, the present maximum State Fire bonus re-v bate granted to policy holders of three years' standing has been made, a permanent rating reduction. The effect of the new schedules on rates;. will vary and will be the greatest . in connection with wooden dwellings . situated in groups. There will be no increases." As an indication of the' effect of" tlie new system of rating on a wooden dwelling :in Wellington situated in a full group of other dwellings., the Minister said the new rate would be 4s 3d per cent, as» against the present rate of 6s per cent charged to a State Fire icy holder of three years' standing. Where trade risks formed part of the - group, reductions would be greater. It was not possibe at present to . estimate the average percentage reduction over all, but it Avould be substantial. "In addition to reductions under the new rating schedule, the State - Fire Office will as from March 1 give to its policy holders on renewal a bonus rebate of 10 per cent onj all wooden risks and 15 per cent on , all brick risks; these rebates to apply universally, that, is, to both, dwellings and all other classes of business," added the Minister. The State Insurance—Your own office has reduced rates in Fire Ac-, cident and Motor Car Risks. Insure with the State and receive the benefits of these reductions.

A.J.GMM& and Go. ( STATE FIRE, MOTOR CAR AND ACCIDENT INSURANCE OFFICE., AGENTS. f* We Keep Our ) PROMISES I When you are mmmtimmmmm nee( Jj n g J Timber J ▼ in a hurry, you, can depend J ' $ on us to supply it. 1 BOON SULLIVAN LUKE LTD, ; Builders, Timber and Hardware Merchants r WHAKATANE —'Phone 1 9 5, ROAST BEEF of Old England; Builds Boys of the Bulldog.* Breed. Prime Beef, Pork Mutton. C. A. TIMBS & SONS THE STRAND. WHAKATANE PHONE 183. : ARTIST Smocks in Cream, cashable - material. Trimmed braid. Usual 3 price 29/11. special 19/11. At Brid-t gers Ltd. I ' MAID'S Plain Navy School Blazers,. , sizes 26 to 38. Prices 19/11 to 335. . At Bridgers Ltd.