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GOVERNMENT LIFE INBURANCB DEPARTMENT. fjOWMt Premiums. State Guarantee. Participation in Profits. Present Accumulated Fund, over £1,500,000. Ahnual Inooma exceeds £282,000. Gash Surplus in 1885, over £242,000 (LAST DISTBiaVTION). THE Rates of Premium now in fore* m this Office are lower then those charged to participating Policyholders by any other Office doing business in the Australasian Colonies. It is nevertheless anticipated that, owing to cheap management and light mortality, very handsome bonuses will become payable to Policyholders insuring under existing rates. That this is not a mere estimate may be judged from the fact that, under the old scale of premiums, from which comparatively little profit was expected to accrue, no fess than £242,000 of CASH SURPLUS, or nearly 86 per cent, of the whole accumulated fund at that date, was found to have accrued during the quinquennium ended the 31st December, 1886. Of this amount £150,000 was divided, and the balance carried to reserve. All Participating Policies ar® entitled, on becoming claims, to a Prospective Bonus in accordance With the amount of premiums paid sinoe the preceding distribution. Thus, the advaaWm of an annual distribution are Movrod with* Mt ihe>MTT oott attaching thereto. <- V. W. FBANKLAND, FJJL. Bl ©ommindooer and Gavi Acteanr. TO LET, COUNTRY Landa and Town Sections and Houses W 0 TUCKER.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/GSCCG18910905.2.18.2

Bibliographic details
Ngā taipitopito pukapuka

Gisborne Standard and Cook County Gazette, Volume V, Issue 655, 5 September 1891, Page 4

Word count
Tapeke kupu
214

Page 4 Advertisements Column 2 Gisborne Standard and Cook County Gazette, Volume V, Issue 655, 5 September 1891, Page 4

Page 4 Advertisements Column 2 Gisborne Standard and Cook County Gazette, Volume V, Issue 655, 5 September 1891, Page 4

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