Page 3 Advertisements Column 1

Kumara Times, Issue 1079, 16 March 1880, Page 3

Fob remainder of news Bee last page. E. ROTECTION OF CLAIMS EASTER HOLIDAYS. ALL GOLD-MINING CLAIMS, RIGHTS, and PRIVILEGES within the KUMARA GOLDFIELD will be PROTECTED from the 16th to the 27th of MARCH, 1880, both days inclusive* JAMES MACK AY, Warden. Warden’s Office, Kumara, March 16, 1880. • NEW ZEALAND GOVERNMENT LIFE INSURANCE AND ANNUITIES ON THE MUTUAL OR PARTICIPATING PRINCIPLE. D. M. Luckie Commissioner. Cw G. Knight - ... ... Actuary. George Thorne, Jun., Chief Agent for All profits divided amongst Policyholders only. Cash Profits on first Five Years’.,work i5,£12,191. First division of Profits will be made in 1880. The main thing in Life Insurance is Safety, and the Payment of Government Policies being guaranteed by tlie Nation, the Security is Indisputable. The Department issues all desirable forms of Policies, up to £3OOO. One Shilling per week, paid to tyie Government, will secure £IOO to the family of a man aged 3!), at death, even if it occurs the day after insuring. Comparison of New Zealand Government Rates with other which shews the immediate saving—equivalent to a yearly cash bonus, in addition to the bonus every five years. The subjoined figures, referring to Australasian institutions, are copied from an elaborate and instructive table compiled by Mr M. A. Black, the acco'mplished Actuary of the leading Australian Insurance Company. The table gives examples of the rates of premiums charged by different Offices at the age of thirty-five for an assurance of £IOO, for the Whole term of life by even annual premiums. The “ net premium ” is £1 19s sd, being that jfor a healthy male. According to the cable of Institute of Actuaries, what is termed the “loading” as levied by the various Offices, and to which special allusion is now made, is set forth in the table given below ; during the Canterbury.

Premium Absolute security from loss. If from any reason a Policy-holder in New Zealand Government is unable to continue his payments after having made Three Yearly Payments, he can— A. Sell his policy back} for one, generally greater than the amount he has paid, free of all prerhiums ; or* B. He can have Credit, for the premiums in arrear, for nearly half as long again as he has paid, at 6 per cent, interest; or, C. He can have a Loan for bd per cent, of the surrender value, at 7 per cent interest. A Life Policy is therefore better than money in a Savings Bank, For Tables, Forms, and further information, apply to any Post Office, or, A. D. BAYFIELD, Travelling Agent. WANTED} a MAN who understands BUTCHERING. Apply to James Murphy) Stafford, or Kumara Butchery,