Page 4 Advertisements Column 4

Thames Star, Volume VII, Issue 2550, 9 March 1877, Page 4

Insurance VT E- \W ' ZEALAND GOVEENMENT j LIFE INSUEANCB. I—The Government Lift /Insurance Department ißßueß 8^ desirable forms of Policies. The Payment of evcrs Policy, is guaranteed by the Colony. Participation in Profits is authorised by the Legis lature to bo given to Policy-holders. 2- Premium rates are lower than those of Private Companies. 3—No Policy or Medical Pees oharged. 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 the surrender-value of the Policy is exhausted in payment of premiums. s—Absolute Security from Lobs —Insurers, after having paid three full annual premiums, are guaranteed a cash surrender value of not less than 4Q per cent, of the-paid-up premiums j and if for any reason the premiums ore 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 are allowed on all Renewal Premiums. _ 7—Liberal conditions as to travel. ling and residence. B—Policies protected from Bankruptcy • —An Issurance Policy effected by the Insured, Imafide on his own life, is protected from bankruptcy or insolvency law to. a certain amount, which increases with its duration. Thus, after it has endured for two years j it is protected to the extent of £200; after five years, to £500 j 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 Poli cies, dispose of the money by will, as if single j and their Policies 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 protedted 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. ■ ■ ■ :i ■■:■: V- '■ ■: '■.•■■:■.•: ; 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 charged. W. Gisbobhh, Commissioner.' AGENT FOR THE THAMES:— JAMES HOPCRAFT, ETEHIN3 STAB OFFICE Gbahabistowk. "THE DEBTOES AND CEEDITOEB ACT, 1876. mHE EVENING S,T A X (THAMES) Has been appointed a Gazette under the above Act* FOE ECONOMY, TEA 2s 6d, at McGOWAJTS.