'■ Insurance i ', v .■'".. • , v ,*! 11 " *i " " i : . \ VEWZE A L A H D <r GOVERNMENT XltfE INSURANCE. l-^The .Government. Lift insurance Department' issuei 1 all desirable forms of Policies; ~%he Payment of every Policy is guaranteed-by tie Colony. Parti* cipation in Profits is authorised by the Legis lature to-lie given to Policy-holdws. '2-Pretaium rates are lower than '-those of- Private* Companies. ' .'.'., . 3—Ncr-Poliey, ox Medical Few -charged. •.■&'+J>.-4-All Policies are non-forfeit-able after one* fult:annual-payment to the full extent of their value, under a special regulation- providing forlthe continuance in force of every Policy for the original aaaoont,' until the r surrender-value of the Policy is ex* haunted in payment' of "premiums. ""- ---i s—Absolute Security from Lobs —Insurers, after having JjpnA three fall annual .premiums," are'guaranteed a cash surrender value of not less thnn 40 per cent. of the paid-up premiums.; and-if tot any reason - the premiums'or«.not due; a~paidup Policy will be issued, generally equal in amount' tx>;the :premiums ''paid, and often murh in excess^ '.-• i«". . •■jvJfer^EhijrjW' day s.of grace *• allowed * onfall -Renewal Premiums. 7—Liberal conditions as to travel- *' ling and residence. ( . , -, B—Policies protected from Bankruptcy. —An Insurance' Policy effected by . t;Hjs Insured, b»n<fjide anhh own life, is pro* tectod from bankruptcy'&^iusolvency laws to > a certain amount, which increases with its duration. Tliub, after it haVeudured for. two yoars, it is protected to the extent* of £200) after fire years, to £500; after seven years, to £1000; after.ten years, to £2000. This protection Applies only' m • favour of the -personal representative of .the Insured, ; -* 9—Married women may effect B©li« cies, dispose of the money by will, as if single j and .their JPplicies are. protected from 7 the debts of their husbands, according to dura* \ tion, to amounts similar to these Btated above. 10—Settlement Policies.—Policies effected for ttie benefit of the'wife and children of.the.lpjure'd are absolutely protected.'from thY Claims of creditorsv to., the extent of £2000, provided that the premiums are payable'during'life,' or »ny period not less than seven years. If apportionment is not made at the time, ifc«an 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 ql Administration, thus saving great expense to the representatives of the Insured. - 12—Prompt payment of Claims and no discount charged. ' W. Gisbobiti, Commissioner*' AGENT FOB THE THAMESj— JAMES HOPCEAFT, EVENING STAB OFFICE Gbihahstowv* "tTOUOECBfIS *or Qovernmen* Payment .V . and ' Company Debts—Printed And Sold at the Evmsisa Sxam Offioef
BEST TAPIOCA, 8d per lb., at . .. McGOWAJTS
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https://paperspast.natlib.govt.nz/newspapers/THS18770329.2.2.7
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Thames Star, Volume VII, Issue 2567, 29 March 1877, Page 1
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421Page 1 Advertisements Column 7 Thames Star, Volume VII, Issue 2567, 29 March 1877, Page 1
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