'. . ' r Insurance - 1 ' :-: '• J^ " E W • 1 E A, £ A F-VD LIFE INSURANCE. -•■ ..< •'){■• > , . „•' • ••': :" ' ' -"■■ . \ ..ft •*■'. -.;-.!.■• '• .1 si 1 ' .-. Trru.:-"- A; '" -.n -fc. I—The GbveiTiineiii Lift /Insurance Department Tissues all desirable forms of Policies^ The Payment, 6f e^etjPolicy w guaranteed %y the &o/o»y4.*"Parti" oipatiOß in Profits is authorised by tht liegii lature to be, given to^P-olioy-holders. ." 2-l^e^um lower than those of Private Companies. '-' 3-No -PolicyVer 1 Medical Pees Charged. - -" '■■>-"■' " - ■•" ■ "_' 4—All Policies arfe non-forfeit-'able afterronerl-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 is exhausted, inpayment ofc premium*. .:- :' 'I. --■•- '■ !"■-■ ' t ' " *=,;-,."-.-■*- . . J» -\ ." . ',-:•■..'•' s^Absolute SecTJTityfr6m-L<M« —Insurers, a,fter having paid three faUi;annuaKpremiuniß, are: guarantced:"ft'cash 1 sur* render Tiilue of: not lees than'4o pe^oeiit/^of the paid-up'pf emiums j and if for any -reason th^'pTemiurns ere not paid".when-do^ ftpaid-, iupcJoHcy: i»iU be-istoed./generaHyrejiiualjin amount to the premiums paid, and often much in excess. - »• *6—Thirts days of grace are allowed on all Renewal Premiums. : .. • - ;7-rLiberal conditions** to trorel'ltag~ and residence;" '"' ' i. B—Poiicieaprotected from BankI>Uptcy. —An;lKßurtince* Policy effected .by the Insured, lenafide on 1 his own life, il pro*' tectedfrom bankruptcy or insolvency lavs to a certain amount, which increases with its duration; Thug, after it ha? endured for two ' years,' it is proteoted to the extent of £800; ~ after five years, to £500;' after seven years, to£1000; after ten years, 1 to £2000. This protection applies only in.favour of the personal representative of the Insured. 9—Married women may effect Policies, dispose of the moneyby, will, as if single; - .and thf>ir Policies are protected from the . dV.bts/of their husb»nds, according to duration, to amounts similar to those stated above. '. 10—Settlement Policies—Policies effected for the benefic of the wife and children of the Insured are., absolutely pro* tected from the tjlaims of creditors to the extent, of £2000,' provided that the premiums > are payable during life, or any period not less .than seven year's.. -If apportionment ia 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 (he Insured. 12—Prompt payment of Claims and no discount charged.' " - . . . ' , W. GISBOBNS, ■ -r- " .- Commissioner. AGENT FOR THE THAMES:— / JAMES HOPCRAFT, . KVBMN3 BTA.B OFFIOB GitAHIMSIOWK. ; TTOUOHBRS 'oir govern-nont Paymentf *nd Company' Debts—Prinfwd and ioid a; th« JSyjorirro Bta.s Offiicet * _ BEST TAPIOCA, 8d ,per lb., at • .lr McGOWABTS .
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https://paperspast.natlib.govt.nz/newspapers/THS18770322.2.2.7
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Thames Star, Volume VII, Issue 2561, 22 March 1877, Page 1
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419Page 1 Advertisements Column 7 Thames Star, Volume VII, Issue 2561, 22 March 1877, Page 1
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