Page 16 Advertisements Column 2

NZ Truth, Issue 1184, 9 August 1928, Page 16

THE GOVERNMENT LIFE INSURANCE DEPARTMENT (PURELY MUTUAL), , ANNUAL REPORT AND ANNUAL BONUS DISTRIBUTION. RECORD SURPLUS After further strengthening the Reserves a record divisible surplus of £190,500 is disclosed iby. the. 1927 Actuarial Investigation. This sum has been, distributed, to policyholders m the shape of reversionary bonus amounting 1 to £ 305,484. Bonuses which are now allotted annually have INCREASED from 50 to 100 per oent. m the last SEVEN years. ' • PROGRESS OF THE DEPARTMENT Sum Assured m Force ' Annual, (excluding bonuses) Income " Assets 1918 ....>-r........ £18,257,682 £654,316 ' '" £5,480 570 1921 £15,721,088 £755,519 y£ 6,015,086 1024 t* £17,190,783 £854,591 ' ' £6,650,905 1927 £19,303,916 ' £987,326 £7,513,632 CASH SURPLUS DIVIDED Period ending v : Average yearly Slst December profits divided ' ' 1918-1920 £72,569 ' 1921-1923-^ ' £105,854 1924-1926' . - £143,454 1927 £190,500 v ALL FUNDS ARE INVESTED IN. THE. DOMINION ALL PROFITS ARE SHARED BY POLICYHOLDERS CONSERVE YOUR OWN AND THE NATIONAL WEALTH • • by ensuring with . YOUR NATIONAL OFFICE - A. E. ALLISON, Commissioner, Head Office, Wellington. H. FUIfcBIRTON, Distriot Monafi-eu, Wellingrton;