New Zealand Gazette – 1908 – No. 106

Page 3281

✨ Government Insurance Premium Tables



Dec. 23.] THE NEW ZEALAND GAZETTE. 3281

SCHEDULE—continued.

PREMIUMS.

TABLE VI.
—
ENDOWMENTS
FOR
CHILDREN
AND OTHERS.

Rates of Premium to secure £100 in the event of Survival to End of Term. Premiums returned in the event of Death.

(WITH PROFITS.)

Term of Years. Single. Annual.
£ s. d. £ s. d.
10 74 10 0 8 13 1
11 72 5 0 7 15 1
12 70 1 0 7 0 1
13 67 19 0 6 7 5
14 65 18 0 5 16 7
15 63 19 0 5 7 3
16 62 0 0 4 19 1
17 60 4 0 4 11 11
18 58 8 0 4 5 7
19 56 14 0 3 19 11
20 55 1 0 3 14 10
21 53 9 0 3 10 3
22 51 17 0 3 6 1
23 50 8 0 3 2 4
24 48 18 0 2 18 10
25 47 9 0 2 15 8

TABLE VI.P.
—
ENDOWMENTS
FOR
CHILDREN.

Annual Premiums to secure £100 in the event of Survival of Nominee to End of Term. Premiums returned (less 10 per cent.) in event of Death of Nominee during the Term. The Policy becomes paid up in the event of Death of Purchaser during the Term.

(WITH PROFITS.)

Term of Years. Age of Purchaser at nearest Birthday.
Under 30.
£ s. d.
10 9 6 1
11 8 6 9
12 7 10 7
13 6 17 0
14 6 5 4
15 5 15 4
16 5 6 6
17 4 18 10
18 4 12 0
19 4 5 11
20 4 0 5
21 3 15 6
22 3 11 0
23 3 7 0
24 3 3 3
25 2 19 10

Premiums payable oftener than yearly are obtained in the following manner:—

Half-yearly.—The annual premiums are increased by 2½ per cent., and divided by 2.

Quarterly.—The annual premiums are increased by 5 per cent., and divided by 4.

Monthly.—The annual premiums are increased by 7½ per cent., and divided by 12.

Four-weekly.—The annual premiums are increased by 7½ per cent., and divided by 13.

ALEX. WILLIS,
Clerk of the Executive Council.



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VUW Te Waharoa — PDF NZ Gazette 1908, No 106




✨ LLM interpretation of page content

🏢 Government Insurance Department - Endowment Tables (continued from previous page)

🏢 State Enterprises & Insurance
Life insurance, Endowment, Children, Premiums, Tables, Profits
  • ALEX. WILLIS, Clerk of the Executive Council.