NEW ZEALAND GOVERNMENT LIFE INSURANCE, ON" THE MUTUAL, OR PARTICIPATING PRINCIPLE. The n-'ia thin:? J nFarsuce 13 absolute aafety. Payment of Government Policies guaranteed by the nation. The total profits distributed among Policy holders cnly. Settlement Policies from date of issue secure from Bankruptcy Laws. The Government sc*le of Premiums the lowest in the world. SECURITY INDISPUTABLE. First Distribution of Profits in ISSO. If for any reason a policy-holder cannot continue bis payments after three years : He can !SELh his policy back for one. generally greater than the amount he has paid, free of all premiums. Or he can have CRKDIT for the premiums in arrear, for nearly half as Jong again as he has paid, at 6 per cent interest. Or he can have a LOAN for 90 per cent, of the surrender value, at 7 per cent, interest. A Life Policy is therefore equivalent to money in a Savings Bank. One Shilling per week paid to the Government will secure £IOO to the family of a man aged 39, if he dies the day after insuring. No excuse, therefore, for the man who fails to provide for his own household. If Life Insurance became universal what destitution and misery would be prevented. In surance the Great Antidote, therefore, INSURE AT ONCE ! DELAYS ARE DANGEROUS ! Comparison of New Zealand Government rates with other companies : N.Z. Government annual premium to seenre £SOO. £ s. d. 818 9 ... 10 4 2 ... 11 15 10 ... 13 15 10 ... 16 9 7 ... 20 0 10 ... Daily cost. s. d. 0 5 0 7 0 73 0 9 0 11 1 14 British and Australian Companies £ s. d. . 10 10 11 .. 11 12 5 . J3 14 2 . 16 2 9 „ 19 3 7 .23 1 1 J. KENNEDY BROWN, Travelling Agent, Star and Garter H"tel, Oamaru.
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Bibliographic details
Oamaru Mail, Volume IV, Issue 1066, 19 September 1879, Page 2
Word Count
301Page 2 Advertisements Column 2 Oamaru Mail, Volume IV, Issue 1066, 19 September 1879, Page 2
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