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GOVERNMENT LIFE INSUBAKOI DEPARTMENT. towMt Premiums. State Guarantee. Participation in Profit*. Present Accumulated Fund, over £1,600,000. Annual Income exceeds £282,000, uaih Surplus in 1885, over £242,000 (lASI DimiSOTUMI). The Rates of Premium now in tone In thia Office are lower than those charged to participating Policyholders by any other Office doing business in tbs 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 tact that, under the old scale ot premiums, from which eonsparatively little profit woe expected to accrue, no fess than £342,000 ot CASH SURPLUS, or nearly 25 per cent, ot the whole accumulated land at that date, was found to have accrued during the quinquennium ended the Slot Dooember, leas. Ot this amount £160,000 was divided, and the balance carried to reserve. All Participating Policies an entitled, on bosoming claims, to a Prospective Bonus ia accordance with ths amount ot prominms paid since the preceding distribution. Thus, the advaa. ’■gee of an annual distribution an enure, withMt the>4avy cost attaching ihense. ». W. rBAMZLAXD,PJjU M OmtnSstieaes sad Oevt Aetas**. TO LET, COUNTRY Lands and Town Sections and Houses, W B TUOKEB,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/GSCCG18910922.2.18.2

Bibliographic details
Ngā taipitopito pukapuka

Gisborne Standard and Cook County Gazette, Volume V, Issue 661, 22 September 1891, Page 4

Word count
Tapeke kupu
212

Page 4 Advertisements Column 2 Gisborne Standard and Cook County Gazette, Volume V, Issue 661, 22 September 1891, Page 4

Page 4 Advertisements Column 2 Gisborne Standard and Cook County Gazette, Volume V, Issue 661, 22 September 1891, Page 4

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