We take the following interesting particulars regarding the 'progress of the Government Life Insurance Department from the report for the year ended December 31, 1904, presented to Parliament by the Com-missioner':H-The number of proposals received during the year was 4,010, for the sum of £851,298, and the numbes of policies actually completed was 3,227, assuring £694,556, on which the new annual premiums amounted to £23,487, in addition to single premiums for £1631. Twenty-three annuities were also gram ted during the year, the purchase-money for which amounted to £13,272. The result was a net increase for the year of 1,067 policies for £199,300, agpJfinst £163,690 in 1903 and £154,470 in 1902, figures- which' indicate an increasing stability in the business obtained by the Department. The total amount of business now in force is 43,873 policies, assuring £10,259,562 (and £1,001,518 bonuses) at death or maturity, together with Immediate and Seferre'd ahniuitles for £44,664 ; the whole bearing an annual premium incom© of £312,396. The income of the year was £480,716. The purcfiase-mofriey receives as consideration for annuities, £13,272, showsi a large increase on the previous year, when the amount was £8,658. :The increase of £10,345 in the renewal premiums' is very satisfactory, beitag greater than for many years'past. Claims by death amounted to £140,959, which,' though representing: a considerable increase on the previous year, is well within the amount provided for in the tables of mortality used by the Department. Claims b}y? miatfurity amounted to £80,241. The total amount paid since 1870 in respect of death-claims and matured endowments has been £2,792,219. The total ass'iira,nce. annuity, and endowment funds now stand at £3,665,583.... Have you got a thorough chill. Goose all over, really ill : Wheeling, sneezing, shrill and high, Furry tongue, and watery eye ; Oblivious to the world's affairs. All its sorrows, pleasures, cares, Useless suffering, why endure ? Take WOODS' GREAT PEPPERMINT CURE.
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New Zealand Tablet, Volume XXXIII, Issue 30, 27 July 1905, Page 3
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310Untitled New Zealand Tablet, Volume XXXIII, Issue 30, 27 July 1905, Page 3
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