Page 4 Advertisements Column 5

Thames Star, Volume VII, Issue 1913, 19 February 1875, Page 4

5 r ■; m>.-r : . VJEW ZEALAND. GOVERNMENT LIFE INSURANCE. I—The Government Life Insurance Department issues all desirable forms of Policies. The Payment .of every Policy is guaranteed hy tlie Colony. Participation in Profits is authorised by the Legislature to be given to Policy-holders. 2~ Premium rates are lower than those of Private Companies. 3—No Policy or Medical Fees charged. 4—All Policies are non-forfeit-able after one full annual payment to the I full extent of their value, under a special regulation providing for the continuance in force of every Policy for the original amount-, I until the surrender-v«lue of the Policy is exhausted in payment of premiums. . s—Absolute Security from Loss. } —Insurers, after having puid three full annual premiums, are guaranteed a cash surrender value of not less than 40 per cent, of the paid-up premiums; and if for asy reason ' the premiums are not paid when due, a p&id~ up Policy will be issued, generally equal in amount to the premiums paid, and often i much in excess. -• 6—Thirty days of grace »» allowed t on all Renewal Premiums. i" ' • ' 7-Liberal conditions as to travel* ling tod residence. ' ' ' " : B—Policies protected from Bankruptcy. —An Insurance Policy effected t>v the Insured, bottaf.de on his own life, is protected from b^anlrtiptcy or insolvency laws to a certain amount, which increases with its duration. Thus, after it has endured for two years, it is protected to the extent of £200; after five years, to £500; after Seven years, to £1000; after ten years, to £2000. This protection applies only in favour of the personal representative of the Insured. 9—Married women may effect Policies, dispose of the money by will, as if single; 1 and their Policies, are protected from the 1 debt! of their husbands, according to duration, to amounts similar to those stated above. 10—Settlement Policies. —Policies effected for the benefit of the wife and children of the Insured are absolutely protected from the claims of creditor! to the extent of £2000, provided that the premiums are payable during life, or any period not less than seven years. If apportionment is not made at the time,:it can be subsequently made by will. 1 11—Probate, <fee, dispensed with —When a claim, under a Policy does not exceed £200, the Commissioner may dispense with the production of Probate or Letters of Administration, thus saving great expense to the representatives of the Insured. 12—Prompt payment of Claims 1 ' and no discount charged, , ; W. QISBOBFE, Commissioner. v AGENT FOR THE THAMES:— JAMES HOPCBAFT, EYENIffG. STAB OFFICE, GBAHAMBTOWK. *