Page 4 Advertisements Column 2

Thames Star, Volume VII, Issue 2528, 12 February 1877, Page 4

Insurance vr E W ZEALAND GOVEBNMENT LIFE INSURANCE. I—The Government Lift &nsiwance Department iaßues all desirable forma of Policies. Tlve Payment of evers Policy is guaranteed hy the Colony. Parti cipatioa in Prottis is authorised by the Legis lature to be given to Policy-holders, 2- Premium rates are lower than those of Private Companies. 3— No Foliey or Medical Fees charged. 4—All Policies are non-forfeit-able after one full annual payment to the full extent of their value, under a special regulation providing for the continuance in force of every Policy for the original amount, until th« surrender-value of the Policy is exhausted in payment of premiums. 5-Absolute Security from Loss —Insurers, after having paid three full annual premiums, are guaranteed ft cash surrender value of not lees than 40 per cent. o\ the pnid-up premium*; and if for any reason the premiums are not paid when due, a paidup Policy will be issued, generally equal in amount to the premiums paid, and often much in excess. 6—Thirty days of grace »w allowed on all Renewal Premiums. 7—Liberal conditions ■» to travelling and residence. B—Policies protected from Bankruptcy. —An Insurance Policy effected by the Insured, btnafide on his own life, is protected from bankruptcy or ineolveney 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 £600; after seven yean, 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 Poli eies, dispose of the money by will, as if single; and their Policies are from the debts of their husbands, according to durafcion, 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 creditors 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. 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 represeniatives of the Insured. 12-^Prompt payment of Claims and no discount charged. W. GIBBOBNB, Commissioner. | AGENT FOB THE THAMES:— JAMES HOPOBAFT, BTBBIKa BTAE OFEIOB GftAHAMSTOWN. ■ "THE DEBTORS AND CREDITORS ACT, 1875. HI HE EVENING STAR (THAMES) Has been appointed a Gazette under the ,-, . above Act. FOR ECONOMY, TEA 2s 6d,. at McGOWAN'S.