Insurance . -fc r\T IS W ZEALAND GOVERNMENT LIFE INSUBANCE. l_The Government Lift /Insurance Department issues all durable forms of Policies. The Payment of evcrjf Policy is guaranteed by the Colony. Participation in Profit* is authorised by the Legis lature to be given to Policy-holders. 2- Premium rates are lower than those of Private Companies. 3—No Policy or Medical Fees charged. 4-All Policies are non-forfeit-alble 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. 5-Absolute Security from Loss —Insurers, after having paid three full annual premiums, are guaranteed ft cash surrender value of not Jess than 40 per cent, of the paid-lip premiums; 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 are allowed on all Renewal Premiums. 7-Liberal condition*»» to travelling and residence. ; 8-Policies protected from Bankruptcy- —An Insurance Policy effected by the Insured, Imafi&e on his own life, is protected from bankruptcy or insolvency 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 £500; after seven years, to £1000; after ten years, to £2000. This protection applies only in. favour of thY 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 protected from the claims of creditors to the extent of £2000, provided that the premiums are payable during life, or any period not lees 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'£2oo, the Commissioner may dispense with the production of Probate or Letters of Administration, thus savißg great expense to the representatives of the Insured. 12—Prompt payment of Claims and no discount charged. W. GISBOBHS, Commissioner. AGENT FOR THE THAMES:— JAMES HOPCRAJT, EVENING BTAR OFFICE Gbahamstowh. "THE STAMP ACT, 1875." NOTICE, SECTION 121 (1) of "Tbe Stamp Act, 1875," provides that every person taking possession of, or receiving or paying any moneys belonging to, or accruing from, the property (realty us well as personalty) of any person dying on and after Ist January next, without having first filed the required statement and paid the duties assessed thereon, shall forfeit a sum not exceeding £500._ Whether probate or letters of administration are granted by any Court or not, a state* ment of all property must be filed and duties paid before the property or any part thereof of any deceased person is in any manner dealt with. On payment of the proper duties, the probate or letters received from the Court, or the statement of property in other cases, will be stamped and delivered to the person entitled thereto. Forms of this statement (L) may be obtatained at any Stamp Office, at the offices of Registrars and Clerks of the Supreme and District Courts, and from the Postmaster Depositaries throughout the colony, from whom also may be. obtained further information.' B. C. Hammebtoh, For the Commissioner of Stamps Head Office, Stamp Department, Wellington, 27th December, 1875. 1748 Me GO WAN'S for CHEAP CROCKERY.
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https://paperspast.natlib.govt.nz/newspapers/THS18770612.2.19.3
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Thames Star, Volume VII, Issue 2629, 12 June 1877, Page 4
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615Page 4 Advertisements Column 3 Thames Star, Volume VII, Issue 2629, 12 June 1877, Page 4
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