Y. R. PROTECTION OF CLAIMS DURING THE Easter holidays. ALL GOLD-MINING CLAIMS, RIGHTS, and PRIVILEGES within, the KUMAR A GOLDFIELD will be PROTECTED from the 16th to the 27th of MARCH, 1880, both days inclusive. JAMES MACKAY, Warden. Warden’s Office, Kuraara, March 16, 1880. COUNTY COUNCIL ELECTION. ARAHURA RIDING. THE RESULT of the POLLING for all Extraordinary Vacancy in the above Riding on SATURDAY, the 13th inst,, is for Mr Richard John Seddon ... 138 Mr William Linnell ... 97 I, therefore, declare Mr R. J, SEDDON ELECTED to the vacant seat in the Westland County Council for the Arahura Riding. A. F. F. ETHERIDGE, Returning Officer. Hokitika, March 16, 1880. VIEW ZEALAND GOVERNMENT 11 LIFE INSURANCE AND ANNUITIES ON THE MUTUAL OR PARTICIPATING PRINCIPLE. D. M. Luckie Commissioner. C, G. Knight Actuary. George Thorne, Jun., Chief Agent for Canterbury. All profits divided amongst Policyholders only. Cash Profits on first Five Years’ work is 112,191. 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 the Nation, the Security is Indisputable. The Department issues all desirable forms of Policies, up to £3OOO. One Shilling per week, paid to the Government, will secure £IOO to the family of a man aged 39, at death, even if it occurs the day after insuring. Comparison of New Zealand Government Rates with other Companies, which shews the immediate savingequivalent 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 accomplished 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 for a healthy male. According to the table of Institute of Actuaries, what is termed the ‘Goading” as levied by the various Offices, and to which special allusion is now made, is set forth in the table given below ;
Premium Name of Institu- Charged Loading Australian Mutual £s. d. £s. d. Provident Society 215 4 015 11 Mutual of Victoria 214 9 015 4 National -Mutual (Victoria) 213 3 013 10 Mutual Life Association of Australia.. 212 7 013 2 Colonial Mutual of Victoria 211 9 012 4 Australian Widows’ Fund 211 6 012 1 NEW ZEALAND GOVERNMENT 2 7 2 0 7 9 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 premiums ; or, B. He can have Credit, for the premiums in arrear, foiv nearly half as long again as he has paid, at 6 per cent, interest; or, C. He can have a Loan for 90 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 farther information, apply to any Post Office, or, A. D. BAYFIELD, Travelling Agent. ITED, a MAN who understands BUTCHERING. Apply to j James Murphy, Stafford, or Kumara 1 Butchery, TION. per £IOO Oontriat Age 35. buted.
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Bibliographic details
Kumara Times, Issue 1080, 17 March 1880, Page 3
Word Count
573Page 3 Advertisements Column 2 Kumara Times, Issue 1080, 17 March 1880, Page 3
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