Page 2 Advertisements Column 2

Evening Star, Issue 4077, 21 March 1876, Page 2

Government Notices. NEW ZEALAND ' OVERNMENT LIFE ASSURANCE MUTUAL OB PARTICIPATING PRINCIPLE. 1, The Government Life Insurance Department issues all forms of policies, and the payment of every Policy is Guaranteed by the Colony. 2. Division of Profits.—The surplus or profit is ordered by law to be divided among policy-holder* only, and is to be ascertained every fifth year. The first investigation, with a view to division of profits, is to be made os at 30th June, 1880. 5. Premium Bates ore lower than the participating rates of Pr'.vate Companies, to an extent which is equivalent to a bonus in advance of from fifteen to twenty per cent. ' 4. ’Payment of- Premiums.—The payments may be made during whole term of life, or during a limited period only,- at an invariable annual, halfyearly, quarterly, or weekly premium, or by a single premium. Weekly Premiums can only be paid on policies issued in the Industrial Branch of the Department. 6. Thirty Days of Grace are allowed on all Benewal Premiums, and no policy is absolutely forfeited for non-payment of premium unless the premium remains unpaid for twelve mouths. Such policies may be renewed, provided the premiums in orrear and interest ace paid, and the Insured is in unimpaired health. 6. Liberal Conditions as to Travelling, Residence, &c.:— (1.) Policy-holders may travel without license or payment of extra premium, or reside in any part of the world, except within 25 degrees of the Equator. (2.) Policy-holders may change their occupation without license or payment of extra premium. (3.) Death by suicide (except within twelve months of the date or the policy), by duelling, or by the hands of Justice, does not void any policy. (4.) No policy becomes void by any act of the assured, so far as regards the the interest of any third persons, provided such act is done without their knowledge, and that they pay the additional premium required, if any, as soon as such act comes to their knowledge. 7. All Policies, after five years’ duration, are Indisputable and Unchallengeable on any grounds whatever connected with the statements on which the assurance was based, provided the age of the Insured has been admitted. 8. All Policies, after five years’ duration, are Freed from all Conditions, except the payment of premium, provided the age of the Insured has been admitted, and he has attained thirty years of age, and he has resided continuously within the ordinary limits from the date of the policy. Holders of such policies can voyage or reside in any part of the world, without license or payment of extra premium. ON THE

;9. Proof of Age.—Age will be admitted at any time on a policy of production of either a Certificate of Birth or Baptism; or, failing these, the best proof that can be procured, such as, for instance, an entry in a family Bible, or a statutory declaration from a relation or friend stating belief as to age and grounds of such belief. 10. All Policies are non-Forfeitable after three years to the full extent of their value, so long as the surrender value of the policy is not less t.han the premiums in arrear, together with interest at six Ear cent, per annum, tnus giving to every policyolder a full equivalent for every premium paid. Such policies may be revived even within twelve mouths after exhaustion of surrender value on proof .of unimpaired health, and payment of arrears and fine. 11. Absolute Security from Loss.—lnsurers, after having paid three full annual premiums, are guaranteed a cash surrender value of about 40 per cent, of the paid up premiums; and if for any reason the premiums are not paid when due, a paid-up policy will be granted for an amount generally greater than the paid-up premiums. The following illustration shows the practical working of clauses 10 and 11A person aged 30, insured for £IOO, paying an annual premium of L2 0s 6d, whose policy has been in force for three years, and failing to pay the next premium, the surrender value of L2 6s Id would be applied by the Office to keep the policy in force for a period of twelve months, during which tune the policy can be revived as stated in the preceding clause JMo. 10, unless he should desire to cancel the policy, in which case he could either receive the surrender value iu oash, or a policy free of all future premiums of L 6 6s 7d being an amount slightly exceeding the premiums he has paid. 12. Loans on Policies.—Policy-holders can borrow on the security of their policies at 7 per cent, per annum to the extent of 90 per cent, of the cash surrender value. .u i3, T^ ol l ce^ ot ' Assignments are only received a Fw?,. Office, Wellington. See Section 22 o 18"4 ” ' Insurance and Annuities Act assurance policy effected by the insured hindfide o: his own hie is protected from bankruptcy or inso) vency laws to a certain amount, which increase with its duration. Thus, after it has endured fo two years, u is protected to the extent of L2ooj After five years to LSOO After seven years... toLl.ooo After ten years to L 2.000 ibis protection applies only in favor of the persona representatives of the insured persona •ng to dmum., to .moonte bmdte to bit oft »lif oli S ie S-^ PoliciM •’““tod (ot tl from the* < d chl i drfett <>f the Insured a s&dSr t “SnS’stia.'s wife’, nominat e hj the sum assured or B l ster ‘ iecei Exceed L2OO, 1B provided it does n uude/a <3is P e i naed with.—When a clai sioner f? ceed J L200 .. the Commi or letters of'nlw 86 - production of proba nense thus saving great e 19 NV, the InsuFed ancea aroSj rMedic . al « ees Charged: Assu 1,3,000. 8101 0,1 a Bin gle life to the extent i pr^ e( P l^ B ,, aro Paid ia fall as soon as death 8 tl “ a ‘ , ' Me<i '" of the Annual Eeports an Accounts of the Department, together with Porn of Application and, full particulars, may be ol tamed at any Money Order Post Office in tl iJoIODy. . T, M'DONOUGH, Chief Agent, Otago District.

Public Notice. EX WILTSHIRE. Q' M. BRASCH & Co. Have just landed in splendid condition from the best maker*, Superior gilt pier glnsiea, Also, , > Toj'et assorted sizes. Cl M. Enisch aiul Co. are in a position to . offer intending purchasers special advantages. [ An early inspect!', n is UmtoJ, i Note Addre-,8 STREET NORTH, NPAn octagon. CHRISTIAN BROTHERS SCHOOL t FUND. Preliminary Notice, fancy fair and aim UNION will be held during the E«ste Monday, m aid i f the above fund. It is re apectfudv requited that all donations, contri ° f g . ood *l “»y b » forwarded to thi dSJn PPern ° r ftt the Convent . Dowling street GREEN ISLAND MUNICTPATJtY~~~ THE Rate Roll will be open for inspectioi , at J o ,bce from Tuesday, the 2lsl March, until Fnday, 31st Ms rob, between thi hours of 7 and 9 p.m. All objections must be lodged at my office before the fust day of April W. A. CALDWELL, - Town Clerk. /CONVEYANCES will Vy Royal Ffo'el. Port Cb leave Crickmore’s .. . - , Chalmers, each day of the r-ces; return tickets through to the course. r B9 eDgage Eeatß ertrJ y- H. Errid^e WILLIAM EVANS, late of South Wales, can hear of his cousin,. Mary Ann Jremmw, by applying at thlaoffioe* y