✨ Life Insurance Premiums
-
[No. 23.
THE NEW ZEALAND GAZETTE.
WITH PARTICIPATION IN PROFITS.
TABLE II.—SINGLE or ANNUAL PREMIUMS for a Specified
Period, to secure £100, to be paid at Death only.
Age nearest
Birthday.
Annual Premium limited to
Twenty
Payments.
Fifteen
Payments.
Ten
Payments.
Five
Payments.
Single
Payments.
Age nearest
Birthday.
- EXAMPLE.—A person aged 30 may secure £1,000 by Twenty pay-
ments of £28 3s. 4d., by Ten payments of £45 8s. 4d., or by a Single Pay-
ment of £347 0s. 0d.
WITH PARTICIPATION IN PROFITS.
TABLE II.—HALF-YEARLY PREMIUMS for a specified period,
to secure £100, to be paid at Death only.
Age nearest
Birthday.
For
20 Years.
For
15 Years.
For
10 Years.
For
5 Years.
Age nearest
Birthday.
- EXAMPLE.—A person aged 30 may secure £1,000 to his widow and
family at his death, by paying £14 6s. 8d. Half-yearly for 20 years, or by
paying £23 3s. 4d. Half-yearly for 10 years.
WITH PARTICIPATION IN PROFITS.
TABLE II.—QUARTERLY PREMIUMS for a specified period, to
secure £100, to be paid at Death only.
Age nearest
Birthday.
For
20 Years.
For
15 Years.
For
10 Years.
For
5 Years.
Age nearest
Birthday.
- EXAMPLE.—A person aged 30 may secure £1,000 payable at his
death, by payment of £7 4s. 2d. Quarterly for 20 years, or by payment of
£11 15s. Quarterly for 10 years.
WITH PARTICIPATION IN PROFITS.
TABLE III.—ENDOWMENT ASSURANCE.—ANNUAL PRE-
MIUMS to secure £100, payable as indicated, or at Death, if prior.
Age nearest
Birthday.
In
10 Years.
In
15 Years.
In
20 years.
In
25 Years.
In
30 Years.
In
35 Years.
Age nearest
Birthday.
- EXAMPLE.—A person aged 30 may secure £1,000, payable to him-
self if he survives 30 years, or to his family if he dies before the expiration
of 30 years, by Thirty payments of £28 0s. 10d.
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✨ LLM interpretation of page content
🏢
Premiums for Life Insurance Policies
(continued from previous page)
🏢 State Enterprises & InsurancePremiums, Life Insurance, Age, Annual, Half-yearly, Quarterly, Endowment, Participation in Profits
NZ Gazette 1885, No 23