Page 4 Advertisements Column 2

Gisborne Standard and Cook County Gazette, Volume V, Issue 663, 24 September 1891, Page 4

GOVERNMENT LIFE INSURANCE DEPARTMENT. Premiums. State Guarantee. Participation in Profits. Present Accumulated Fund, over £1,500,000. Ahnual Income exceeds £282,000. Cash Surplus in 1885, over £242,000 (ZAfIT nXSTBIBUnOSf). THE Rates of Premium now in force tn this Office are lower than those charged to participating Policyholders by any other Office doing businoes 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 bo judged from the fact that, under the old scale of premiums, from which comparatively little profit woe expected, to accrue, no lees than £242,000 of CASH SURPLUS, or nearly 25 per cent, of the whole accumulated fund st that date, was found to have accrued during the quinquennium ended the 91st December, 1885. Of this amount £150,000 was divided, and the balance carried to reserve. All Participating Policies are entitled, on becoming claims, to a Prospective Bonus in accordance with the amount of premiums paid since the preceding distribution. Thus, the advan* 'BgM of an annual distribution are secured withJnt the fc *avy oost attaching thereto. < t. W. JBAXILUm,FJ .A, tn OeouaiiaiieMe aa4 Ctevt. TO LET, COUNTRY Lands and Town Sections and Houses) W P TUCKER.