✨ Insurance Premium Tables
454
THE NEW ZEALAND GAZETTE.
[No. 23
TABLE IV.—JOINT LIVES.—Showing the ANNUAL, HALF-YEARLY, or QUARTERLY PREMIUMS required during the continuance of Two Lives, to secure £100, payable on the Death of the First Life.
| Ages next Birthday. | Annual. | Half-Yearly. | Quarterly. |
|---|---|---|---|
| 20 | £ s. d. | £ s. d. | £ s. d. |
| 20 | 2 7 0 | 1 3 10 | 0 12 0 |
| 25 | 2 10 5 | 1 5 7 | 0 12 11 |
| 30 | 2 14 10 | 1 7 10 | 0 14 1 |
| 35 | 2 19 8 | 1 10 4 | 0 15 4 |
| 40 | 3 6 5 | 1 13 10 | 0 17 1 |
| 45 | 3 14 2 | 1 17 10 | 0 19 1 |
| 50 | 4 6 6 | 2 4 2 | 1 2 4 |
| 55 | 5 8 0 | 2 15 3 | 1 7 11 |
| 60 | 6 12 0 | 3 7 9 | 1 14 4 |
[Additional age entries continue with corresponding premium values]
EXAMPLE.
Two persons of the Ages of 25 and 30 may secure £100 payable upon the Death of either to the Survivor, for an Annual Premium of £2 17s. 9d.; or a Half-Yearly Premium of £1 9s. 5d.; or a Quarterly Premium of £0 14s. 10d.
TABLE IVa. — SURVIVORSHIP ASSURANCE. — ANNUAL PREMIUM to be paid during the Joint Lives of A and B, for Assuring £100, to be paid at the Death of A, provided B be then living.
| Ages of A next Birthday. | Ages of B last Birthday. | Annual Premium. |
|---|---|---|
| 20 | 20 | £ s. d. |
| 25 | 1 3 6 | |
| 30 | 1 2 8 | |
| 35 | 1 1 10 | |
| 40 | 1 0 11 | |
| 45 | 0 10 5 | |
| 50 | 0 18 7 | |
| 55 | 0 17 10 | |
| 60 | 0 16 4 |
[Additional age combinations continue with corresponding premium values]
On payment of £1 3s. 6d. Annually, the sum of £100 may be Assured, payable on the death of a person Aged 30 (next Birthday), provided another person Aged 60 (last Birthday) shall survive him.
INVESTMENTS FOR CHILDREN.
TABLE V.—The under-mentioned Weekly Premiums will purchase the following Investments, payable as indicated.
| Investments Payable in Years. | 2d. | 3d. | 4d. | 6d. | 8d. | 1s. | Investments Payable in Years. |
|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | ||
| 5 | 2 6 10 | 3 10 2 | 4 13 7 | 7 0 5 | 9 7 3 | 14 0 10 | 5 |
| 6 | 2 17 4 | 4 5 11 | 5 14 7 | 8 11 10 | 11 9 3 | 17 3 10 | 6 |
| 7 | 3 8 3 | 5 2 4 | 6 16 5 | 10 4 8 | 13 12 11 | 20 9 4 | 7 |
| 8 | 3 19 7 | 5 19 5 | 7 19 2 | 11 18 9 | 15 18 5 | 23 17 7 | 8 |
| 9 | 4 11 5 | 6 17 1 | 9 2 10 | 13 14 2 | 18 5 7 | 27 8 5 | 9 |
[Additional year entries continue with corresponding investment values]
EXAMPLE
- The sum of £47 7s. 1d., payable in 14 years, may be secured for a Child by the Weekly Payment of 1s., in the manner above set forth.
In the event of the death of the Child within 5 years, all the premiums paid will be returned; after 5 years, the premiums paid may be withdrawn at any time, with compound interest, at 4 per cent.
NOTE.—When the Investment matures, any profit that may have accrued, after payment of expenses, will be added to the sum assured.
INSTRUCTIONS.
Any person wishing to purchase an Endowment by Weekly Contributions, may do so by means of Postage Stamps gummed on Cards with numbered squares supplied for that purpose. At the end of 13 Weeks, when the squares are filled, the Card should be taken to the nearest Postmaster, who will give a receipt on a printed form for the amount of Stamps; but if any of the Stamps are defaced or damaged, the whole will be declined by the Postmaster.
INVESTMENTS FOR CHILDREN.
TABLE Va.—The under-mentioned Single Premiums will purchase the following Investments, payable as indicated.
| Investments Payable in Years. | £1. | £2. | £3. | £4. | £5. | £10. | Investments Payable in Years. |
|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | ||
| 5 | 1 4 3 | 2 8 6 | 3 12 9 | 4 17 0 | 6 1 3 | 12 2 7 | 5 |
| 6 | 1 5 3 | 2 10 6 | 3 15 9 | 5 0 10 | 6 6 1 | 12 12 2 | 6 |
| 7 | 1 6 3 | 2 12 6 | 3 18 9 | 5 5 0 | 6 11 2 | 13 2 4 | 7 |
| 8 | 1 7 3 | 2 14 6 | 4 1 9 | 5 9 0 | 6 16 4 | 13 12 9 | 8 |
| 9 | 1 8 5 | 2 16 10 | 4 5 2 | 5 13 7 | 7 1 10 | 14 3 8 | 9 |
[Additional year entries continue with corresponding investment values]
EXAMPLE.
- The sum of £8 12s. 5d., payable in 14 years, may be secured for a Child by the single payment, £5.
In the event of the death of the Child within 5 years, the premiums paid will be returned; after 5 years, the premiums paid may be withdrawn at any time, with compound interest, at 4 per cent.
NOTE.—When the Investment matures, any profit that may have accrued, after payment of expenses, will be added to the sum assured.
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NZ Gazette 1885, No 23
✨ LLM interpretation of page content
🏢 Joint Lives Premiums
🏢 State Enterprises & InsuranceInsurance, Joint Lives, Premiums, Annuities, Table
🏢 Survivorship Assurance Premiums
🏢 State Enterprises & InsuranceInsurance, Survivorship, Assurance, Premiums, Table
🏢 Investments for Children
🏢 State Enterprises & InsuranceInvestments, Children, Weekly Premiums, Endowment, Table
🏢 Instructions for Weekly Contributions
🏢 State Enterprises & InsuranceInstructions, Weekly Contributions, Postage Stamps, Postmaster
🏢 Single Premium Investments for Children
🏢 State Enterprises & InsuranceInvestments, Children, Single Premiums, Table