aOVSBNMRNT LIFE INBURAKCI DEPARTMENT. fenrMt Premiums. State Guarantee. Participation la Profits. Present Accumulated Fund, over £1,600,000. Ahnual Inoom* exceeds £282,000. wash Surplus in 1885, over £242,000 (un DißTaistmoM). rpHB Bataa ot Premium new in force in thia JL Office are lower than 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 less than £242,000 of CASH SURPLUS, or nearly 85 per cent, of the whole accumulated fund at that date, was found to have accrued during the quinquennium ended the Slst December, 1885. Of this amount £150,000 was divided, and the balance carried to reserve. All Participating Policies are entitled, on besoming claims, to a Prospective Bonus in accordance with the amount of premiums paid since the preceding distribution. Thus, the advantages of an annual distribution are stewed witibMt the>*avy seat attaching thereto. V. W. FRAMKLAKD, Q OsamtMiiuir and Govt Aitaar*. TO LET, COUNTRY Land, and Town Sections and Houses} W F TUOKEB.
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https://paperspast.natlib.govt.nz/newspapers/GSCCG18910917.2.22.2
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Gisborne Standard and Cook County Gazette, Volume V, Issue 660, 17 September 1891, Page 4
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213Page 4 Advertisements Column 2 Gisborne Standard and Cook County Gazette, Volume V, Issue 660, 17 September 1891, Page 4
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