GOVERNMENT LIFE IN BUR ANO DEPARTMENT. 'faowMt Premiums. State Guarantee. Participation in Profit*. Present Accumulated Fund, over £1,500,000Annual Income exceed* £282,000. Gash Surplus in 1885, over £242,000 (LAST nsmaunon). THE BatM of Premium now in fcfaoe fa this Office are lower than those charged to par* ticip&ting Policyholders by any other Office doing business in the Australasian Colonies. It is nevertheless anticipated that, owing to cheep 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, /ton wMc A comparatively little profit was expected to accrue, no fess than £242,000 of CASH SURPLUS, or nearly flfi per cent, of the whole accumulated fund at that date, was found to have accrued during the quinquennium ended the 31st 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 advannges of an annual distribution are secured wttteMt the >Mffy cost attaching thereto. < r. W. rRXXKLAKD, rxx, Ol OsoksoMoMr and Gevl. Aetoan. TO LET, COUNTRY Lande and Town Sections and Hooses) W B TUOKEB,
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https://paperspast.natlib.govt.nz/newspapers/GSCCG18911024.2.17.2
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Gisborne Standard and Cook County Gazette, Volume V, Issue 676, 24 October 1891, Page 4
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217Page 4 Advertisements Column 2 Gisborne Standard and Cook County Gazette, Volume V, Issue 676, 24 October 1891, Page 4
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