A.M.P. BONUSES

Sun (Auckland), Volume II, Issue 527, 3 December 1928, Page 12

A.M.P. BONUSES

POLICY-HOLDERS TO BENEFIT An advertisement appears in this issue, inserted by the Australian Mutual Provident Association, to the effect that all new policies issued in the participating section of the society’s ordinary department before the close of the year’s accounts on December 31, will be entitled to share in the bonus distribution for the year 1925. Year after year these bonuses have shown steady increases, those allotted for 1927 being on the average, over 50 per cent, higher than those of 1920. Last year the cash surplus divided, after appropriating considerable reserves on a basis ensuring absolute impregnability, amounted to nearly £3,000,000. making the total distributed in cash bonuses since the society’s establishment, over £41,000,000. The reversionary bonuses added to the policies, for the one year 1927, amounted to about £5,000,000. These tigures represent fresh records in the society’s history. Very few people are adequately assured, and results such as the above should be sufficient inducemnt for those unassured, as well as those insufficiently assured, to take this opportunity of effecting policies and sharing in the bonuses to be distributed as at December 31.