Page 4 Advertisements Column 2

Gisborne Standard and Cook County Gazette, Volume V, Issue 673, 17 October 1891, Page 4

GOVERNMENT life INSURANCR DEPARTMENT. totrett Premiums. State Guarantee. Participation in Profit*. Present Accumulated Fund, over £1,600,000. Annual lnoom« exceeds £282,000. Sash Surplus in 1885, over £242,000 (mn aurßiaunoxk THE Rates of Premium new in Mroe fa this Office are lower than those charged to participating Policyholders by tiny other Office doing business in the Australasian Colonies. It la neverthelcea anticipated that, owing to eheap 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 wMeA comparatively little profit was expected to accrue, no fees than £242,000 of CASH SURPLUS, or nearly 25 per cent, of the whole accumulated fund at that date, waa found to hare accrued during the quinquennium ended the Slat December, 1886. Of thio 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 advau* ages of an annual distribution are secured with Mt the **avy cost attaching tboicta. f f. W. PRAHKLAND, PXA, CQ TO Ii ET , COUNTRY Lands and Town Sections and Houses) W B TUCKER.