MUTUALASSURANCE SOCIETY OF VICTORIA.

Pelorus Guardian and Miners' Advocate., Volume I, Issue 3, 31 January 1890, Page 2

MUTUALASSURANCE SOCIETY OF VICTORIA.

We notice under the new tobies the | Mu'ual insurance Society of Victoria [ now is<uie policies whereby a person may secure to himself at a given age a sum of money with profits when payments cease, and at a like sum to liis succi ssors by a alight increase on thn premium ot a single life policy. Thus as an example— a lad of 15 years may by an annual payment of £3 14a 21 assure to him.,elf £IOO should he reach 45 years; his payments then ceasing he will have p.iidl into the office £lll ss, for which an assurance on his life luring that periol lias been effected, ami an a Mitional su n of £IOO with the pr 'fits accruing be paid to his represnutives w icnever dl ath may occur. S) that £2OO with profits is s-cured u ider a p-ilijy for £tOJ if he survives i: ia<* endowment period. Anotiier new table is fra ue I whereby a parent ■or guardian may secure £IOO to a child on reaching maturi'y by a a policy on his own life. Tuns, a parent, aged 25, may by a yearly payment of £'s l£ssd secure to his child, ag d 12 months, £IOO at th.j a,g» of 21 y-ara. Ali p>yii"uta casing if thu p'irent H'\u% and all premiums returned if ih ■>■ eai.d dies. Uid r tunc i taoles as thes 1 we would r«c i u ne.n i all p--rs >ns t» assure. Mr Venimji'ft is agent for Hiveloc'c.