Page 4 Advertisements Column 4

Thames Star, Volume VII, Issue 1917, 24 February 1875, Page 4

vt'e W ZEALAND. GOVEKNMENT LIFE INSURANCE. I—The Government' Life Insurance Department issues all desirable forms of Policies. The Payment of every Policy is guaranteed hy the Colony. Parti* cipation in Profits is authorised by the Legis* lature to be given to Policy-holder!. 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 full extent of their value, under » special regulation providing for the continuance.in force of every Policy for the original amount, until the surrender-value of the Policy if isx*' hausted in payment of premiums. -. ' s—Absolute Security from Loss* —Insurers, after having paid threes full; annual premiums, are guaranteed; a cashsurv render value of not less than 40 per: cent of the paid-up premium* j, and if fox a»y reason the premiums are not paid when due,,apaid* r up Policy will be issued,' generally equal in amount to. the premiums . paid* and often much in excess. 6—Thirty days of grace •» Allowed on all Renewal Premiums. 7—Liberal conditions « to travelling and residence. \ B—Policies protected from Bank-ruptcy-~An Insurance Policy effected by the Insured, bonajide.onhw own life, is protected from bankruptcy or insolvency laws to, • 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 yearsj to £2000; This protection applies only in favour of the personal representative of the Insured* 9—Married women m»y «ffect Poli? ciei, dispose 4 of the money by will>s if tingle; and thfir Pdliciei are- protected from the debts 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 pro* teoted from the claims. of creditors to the extent of £2000, provided that the premiums art 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. 11— Probate, &c, 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 and no discount oharged. W. Gisbobnx, Commissioner. AGENT FOR THE THAMES:— JAMES HOPCKAFT, EYEMtfG STAB OFFICE, Gbahahstqwk. re ■ ■ • - i I