✨ Regulations & Insurance Tables
Feb. 23.] THE NEW ZEALAND GAZETTE. 531
Regulations under “The Government Accident Insurance Act, 1899.”
PLUNKET, Governor.
ORDER IN COUNCIL.
At the Government Buildings, at Wellington, this twenty-sixth day of January, 1905.
Present:
THE RIGHT HONOURABLE R. J. SEDDON PRESIDING IN COUNCIL.
WHEREAS by an Order in Council dated the fifth day of June, one thousand nine hundred and one, His Excellency the Governor of the Colony of New Zealand did, in exercise and pursuance of the powers vested in him by the thirty-fourth section of “The Government Accident Insurance Act, 1899” (hereinafter referred to as “the said Act”), make regulations for directing, among other things, the use of tables fixing the rates of premium to be charged in connection with accident insurance contracts, such tables being set forth in the Second Schedule to the said Order in Council: And whereas by an Order in Council dated the fifteenth day of July, one thousand nine hundred and one, the said Second Schedule was revoked in part, and certain other provisions were made in lieu thereof: And whereas it is expedient to revoke the residue of the said Second Schedule, and to make other provisions in lieu thereof:
Now, therefore, His Excellency the Governor of the Colony of New Zealand, in the exercise and pursuance of the powers and authorities vested in him by the said Act, and of all other powers and authorities in this behalf vested in him, and by and with the advice and consent of the Executive Council of the said colony, doth hereby revoke so much of the said Second Schedule as has not been revoked as aforesaid, and in lieu thereof doth hereby order and direct that the rates in the several tables set forth in the Schedule hereto shall be the rates of premium to be used for the purposes of the particular classes of policies referred to in the said tables; and doth hereby order that this present Order in Council shall take effect on and after the first day of March, one thousand nine hundred and five, and shall be read together with the two previously mentioned Orders in Council.
SCHEDULE.
TABLES.—PERSONAL ACCIDENT INSURANCE.
Table L.—Improved “Compound” Policy.
To insure a sum in case of accidental death, or in case of permanent partial or permanent total disablement, with weekly allowances during temporary total disablement caused by accident or by any of the following diseases—viz., appendicitis, Asiatic cholera, bubonic plague, carbuncle, diphtheria, erysipelas, measles, pleurisy, pneumonia, scarlet fever, smallpox, tetanus, typhoid or typhus fever—or temporary partial disablement caused by accident, and an annuity in the event of permanent general disablement caused by accident. Double benefits in case of railway accident.
COMPENSATION. ANNUAL PREMIUM.
Weekly Allowance Class I. Class II. Class III.
(limited to Fifty-two Weeks for Accident, and Ordinary Medium Hazardous
Twenty-six Weeks for Disease). Risks. Risks. Risks.
For Temporary For Temporary Total Annuity for Sum insured. £ s. d. £ s. d. £ s. d.
Partial Disablement caused Permanent General For Permanent For Accidental
Disablement by Accident, or by any Disablement Partial Death or Permanent
caused of the Diseases (continuing after Disablement. Total
by Accident. above mentioned. Weekly Allowance £ s. d. £ s. d. £ s. d.
ceases). 8 0 0 9 10 0 11 0 0
£ s. d. £ s. d. £ s. d. £ £
1 10 0 6 0 0 30 0 0 500 1,000
0 15 0 3 0 0 15 0 0 250 500
0 7 6 1 10 0 7 10 0 125 250
4 0 0 4 15 0 5 10 0
2 0 0 2 7 6 2 15 0
Note.—In case of accidental death or injury caused by a railway accident, the amount of compensation given above will be doubled.
Table N.—Improved “Regular” Policy.
To insure a sum in case of accidental death or in case of permanent partial or permanent total disablement, with weekly allowances during temporary total disablement or temporary partial disablement caused by accident.
COMPENSATION. ANNUAL PREMIUM.
Weekly Allowance Class. I. Class II. Class III.
(limited to Twenty-six Weeks). Ordinary Medium Hazardous
Risks. Risks. Risks.
For Temporary Partial For Temporary Total For Permanent For Accidental
Disablement. Disablement. Partial Death or Perma-
Disablement. nent Total
Disablement.
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
1 10 0 6 0 0 500 0 0 1,000 0 0 6 0 0 7 10 0 9 10 0
0 15 0 3 0 0 250 0 0 500 0 0 3 0 0 3 15 0 4 15 0
0 7 6 1 10 0 125 0 0 250 0 0 1 10 0 1 17 6 2 7 6
Table P.—“Temporary Disablement” Policy.
To insure weekly allowances during temporary total disablement, or temporary partial disablement, caused by accident.
COMPENSATION. ANNUAL PREMIUM.
Weekly Allowance (limited to Twenty-six Weeks).
For Temporary Partial For Temporary Total
Disablement. Disablement.
£ s. d. £ s. d. Class I. Class II. Class III.
3 0 0 12 0 0 Ordinary Medium Hazardous
2 5 0 9 0 0 Risks. Risks. Risks.
1 10 0 6 0 0
0 15 0 3 0 0 £ s. d. £ s. d. £ s. d.
0 7 6 1 10 0 7 10 0 9 0 0 11 10 0
5 12 6 6 15 0 8 12 6
3 15 0 4 10 0 5 15 0
1 17 6 2 5 0 2 17 6
0 18 9 1 2 6 1 8 9
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✨ LLM interpretation of page content
💰 Regulations under the Government Accident Insurance Act 1899
💰 Finance & Revenue26 January 1905
Accident Insurance, Premium Rates, Government Regulations, Order in Council, Personal Insurance Policies
- R. J. Seddon, The Right Honourable, Presiding in Council
- Plunket, Governor
💰
Regulations under the Government Accident Insurance Act 1899
(continued from previous page)
💰 Finance & Revenue26 January 1905
Personal Accident Insurance, Premium Tables, Class I II III Risks, Temporary Disablement, Permanent Disablement, Railway Accident Benefits
💰
Regulations under the Government Accident Insurance Act 1899
(continued from previous page)
💰 Finance & Revenue26 January 1905
Table L, Compound Policy, Weekly Allowance, Annuity, Accidental Death, Double Benefits Railway
💰
Regulations under the Government Accident Insurance Act 1899
(continued from previous page)
💰 Finance & Revenue26 January 1905
Table N, Regular Policy, Temporary and Permanent Disablement, Accidental Death, Premium Rates by Risk Class
💰
Regulations under the Government Accident Insurance Act 1899
(continued from previous page)
💰 Finance & Revenue26 January 1905
Table P, Temporary Disablement Policy, Weekly Compensation, Hazardous Risks, Premiums
NZ Gazette 1905, No 16