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Insurance vjEW ZEALAND GOVERNMENT LIFE INSUBANCB. I—The Government Lift /Insur- j ance Department issues all desirable I forniß of Policies, The Payment of evjers Policy is guaranteed by the Colony. Participation in Profits is authorised by the Legis lature to be given to Policy-holders. 2- Premium rates are lower thm those of Private Companies. 3—No Policy or Medical Pees charged. 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. 5— Absolute Security from Loss —Insurers, after having paid three full annual premiums, are guaranteed a cash surrender value of not Jess than 40 per cent, of the paid-up premiums 5 and if for any reason the.premiums ere 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 »w allowed on all Renewal Premiums . 7—Liberal conditions »■ to tawd? ling and residence. B—Policies protected from Bankruptcy- —An Insurance Policy effected by the Insured, lenafide 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 the personal representative of the Insured. 9 — Married women may effect Policies, dispose of the money by will, as if single; 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 pro-' tected 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, 11—Probate, &c, dispensed with —When a claim under a Policy does not exceed £200, the Commissioner may dispense with ike production of Probate or Letters of Administration, thus saving great expense to ihe representatives of the Insured. 12—Prompt payment of Claims and no discount charged. W. QtSBOSNB, Commissioner. AGENT FOE THE THAMES:— JAMES HOPCRAFT, XV B »Iff 9 STAR OFFICE GHAHAMBTOTirH. ~ " THE STAMP ACT, 1875." NOTICE, SECTION 121 (1) of "Tbc Stomp Act, 1875," provide a that every person taking possession of, or receiving or paying any moneys belonging to, or accruing from, the property (realty^as well as personalty) of any -person dying on arid 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 grat.tcd by any Court or not, a statement of a'l property roust be filed and duties paid before the property or any part thereof of any deceaeed person is in any manner dealt with. On payment of the proper duties, the pro; bate or letters received from the Court, or the statement of property in other cases, will be stamped and delivered" to the person enticed 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. R. C. Hammebton, For the Commission er of Stamps Head Office, Stamp Department, Wellington, 27th December, 1875. 1748 T) OCKINGHAM TEAPOTS, at it McGOWAN'S. *

Permanent link to this item
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https://paperspast.natlib.govt.nz/newspapers/THS18770626.2.21.3

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume VII, Issue 2641, 26 June 1877, Page 4

Word count
Tapeke kupu
621

Page 4 Advertisements Column 3 Thames Star, Volume VII, Issue 2641, 26 June 1877, Page 4

Page 4 Advertisements Column 3 Thames Star, Volume VII, Issue 2641, 26 June 1877, Page 4

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