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Insurance i ,;">-- ■■■-.-. -?'{'■ I - • " ' '- N V E W ZEALAND " GOVERNMENT LIFE INSURANCE. V I—The Government Lift .'lnsurance Department ißßuea all .wd«-Birttble fomsof Policies. The Payment of every ■ Policy is guaynteed by .the Colony.. Parti* eipiitioß in Proiiis ii.authorised by tho Lrgis Uture to be given to Policy-holders. 2-Premium rates are lower than those of Private Companies. 3—No Policy or Meclioal Fees charged.. . 4—All Policies are non-forfeit-able after" one full annual payment to the full cxtmt o! tbeir value, uuder a special regulation . providing for the continuanoa in force.of every Policy for tho original amount, until the surrender-value of the Policy is ex* hausted in.paj'tnent of premiums. : ■ s~Absolute Security from Loss —Insurer*,.-after.having p;id three full annual premiums, are guaranteed a cash Bur*, render value of not Jeee than ,40 per cent, of the paid-up premiums ; 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 fcxeeee. - ". 6—Thirty days of grace »«»allowed on nil Kenewal Premiums. ; '" 7—Liberal conditions a» to t-wel« ling and residence, . B^Policies protected from Bankruptcy. —-An Insurance Policy effected by the Insured, Isnafide on his own life, is pro* tected from bankruptcy or insolvonoy l:*ws to a certaia amouii*, which increases with its ■ duration. Thus, af-cr it. has endured for two years, it is protected to the extent of £300; . after five year?, to £500 } after seven years, to £1000; iafter ten years, to £2000. . This protection npplies only in favour, of the personal representative of the Insured. 9—Married Women may effect Policies, dispose of>the money by will, as if Bingle} and their Policies .are protected from the debts of their busb^ds,, according to duration, to amounts similar to those stated above. 10-Settlement Policies— Policies effected for the benefit of the wife and childr., n of- the linwr*>d ar« absolutely .protected from the claims of creditors to the extent of £2000, provid. d that tho premiums ire payable during life, or anyp«jied not less than seven years.- If api>orti>nmcnt is not made at tho time, it can be subsequently made by will. ' ."__.. 11—Probate, <fee, dispensed with —When a claim under'a Pilbj 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 Insunsd. 12—Prompt payment of Olftlma and no discount.chargod. W. OISBOBKIj Oommituoner* I •'••• - ' - ■. I AGBNT FOB THE THAMES)— JAMES HOPCRAFT, EYEKINa BTAE OFFICE Gbxhaxstowk. T7OUOHEES for QovarnnMnt Tftymtnt V «nd. Oompanr Debte>-Priat«a. and !' -old- ft the EvMKina Stab OAmT -„ ';; V ' BEST TAPIOCA; Bd. per lb., at McGrOWA^'Sl

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18770326.2.2.7

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume VII, Issue 2564, 26 March 1877, Page 1

Word count
Tapeke kupu
433

Page 1 Advertisements Column 7 Thames Star, Volume VII, Issue 2564, 26 March 1877, Page 1

Page 1 Advertisements Column 7 Thames Star, Volume VII, Issue 2564, 26 March 1877, Page 1

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