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New Zealand Government Insurance Department. Ordinary Branch.

Head Office: Government Buildings, Wellington.

Deputy Commissioner: J. Woodward.

Actuary: C. Godfrey Knight.

Chief Medical Officer: Alexander Johnston, M.D.

Agencies—Ordinary Branch:

Auckland.

Agencies.	Medical Referees.
Auckland, G. Thome, jun.,	Chief J. H. Hooper, Esq.
Agent. Post Office	Chief T. M. Philson, Esq., M.D.
Alexandra, P M	Edward Waddington, Esq., M.D.
Cambridge, P M	B. C. Beale, Esq.
Drury, P M
Hamilton, P M	B. C. Beale, Esq.
Hokianga, P M
Howick	C. P. Fitzgerald, Esq.
Kapanga, P M	Charles Hovell, Esq.
Kawakawa, P M	Alfred Agassiz, Esq.
Mangawhare, P M
Mongonui, P M	T. J. Trimnell, Esq.
Newcastle, P M	B. C. Beale, Esq.
Onehunga, P M	A. G. Purchas, Esq.
Opotiki, P M
Otahuhu, P M	J. Elmsley, Esq., M.D.
Ragian	W. Harsant, Esq.
Russell, P M	Alfred Agassiz, Esq.
Tauranga, P M	F. W. Armitage, Esq.
Te Awamutu, P M
Thames, P M	M. H. Payne, Esq.
Wangarei, P M	R. Sissons, Esq.
Warkworth, P M

Hawke's Bay.

Napier, C P M	T. Hitchings, Esq.
Gisnorne, P M	W. K. Nesbitt, Esq., M.D.
Hastings, P M
Porangahau, P M
Tapuaeharuru, P M
Tarawera, P M
Waipawa, P M	A. Todd, Esq., M.D.
Waipukurau, P M
Wairoa, P M

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Taranaki.

Agencies.	Medical Referees.
New Plymouth, C P M	T. E. Raw son, Esq., P. J. O'Carroll, Esq.
Patea, P M	A. C. Croft, Esq.
Hawera, P M	A. C. Croft, Esq.

Wellington.

Wellington	Alexander Johnston, Esq., M.D.
Wellington, Chief Agent, Provincial Buildings
Bull's, P M	H. Donaldson, Esq.
Carterton, P M	H. T. Spratt, Esq.
Castlepoint, P M
Fcatherston, P M	H. H. Spratt, Esq.
Feilding, P M	D. Johnston, Esq.
Foxton, P M	C. G. Hewson, Esq.
Greytown, P M	John Smith, Esq.
Masterton, P M	W. H. Hosking, Esq.
Hutt, P M	J. G. F. Wilford, Esq.
Johnsonville	Henry Taylor, Esn.
Marton, P M	A. Taylor, Esq., M.D.
Palmerston, P M	D. Johnston, Esq.
Turakina, P M
Upper Hutt, P M
Wanganui, P M	R. C.Earle, Esq.
Waverley, P M	A. C. Croft, Esq.

Marlborough.

Blenheim, C P M	Henry Williams, Esq., M.D., L. K. Home, Esq.
Havelock, P M	J. S. Caro, Esq.
Kaikoura, P M
Picton, P M	W. B. Tripe, Esq.

Nelson.

Nelson, C P M	W. W. Squires, Esq., M.D.
Collingwood, P M
Motueka, P M
Richmond, P M
Westport, P M	Samuel Thorpe, Esq.
Charleston, P M	George Henry, Esq.

Westland.

Greymouth, P M	C. L. Morice, Esq.
Ahaura, P M
Reefton, P M	R. Martin, Esq.
Hokitika, C P M	D. P. James, Esq.
Ross, P M	A. G. Duff, Esq., M.D.

Canterbury.

Christchurch, H. Clapcott, Chf. Agt. Cathedral Square	J. S. Turnbull, Esq., M.D.
Akaroa, P M	John Guthrie, Esq.,
Ashburton, P M	J. E. Trevor, Esq.
Dunsandel P M
Geraldine, P M	R. Fish, Esq., M.D.
Hurunui, P M
Kaiapoi, P M	C. Dudley, Esq.

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Canterbury—continued.

Agencies.	Medical Referees.
Kowai, P M	Matthew Morris, Esq.
Lincoln	J. C. C. Durham, Esq.
Prebbleton	J. C. C. Durham, Esq.
Lyttelton, P M	H. Macdonald, Esq., M.D.
Malvern, P M	H. F. Meadows, Esq.
Oxford, P M	J. E. Weld, Esq.
Papanui
Rakaia South, P M	J. E. Trevor, Esq.
Rangiora, P M	J. B. Downes, Esq.
Southbridge, P M	H. T. H. Chapman, Esq.
Temuka, P M	T. O. Rayner, Esq., M.D.
Timaru, P M	S. Hammond, Esq.,—Mclntyre, Esq.
Waiau, P M
Waimate, P M	C. L. Webb, Esq.

Otago.

Dunedin, T. F. McDonogh, Chief Agent, Princes Street	T. M. Hocken, Esq., E. W. Alexander, Esq.
Travelling Agent, W. Stuart
Arrow, P M	T. B. Lake, Esq.
Balclutha, P M	J. G. Smith, Esq.
Campbelltown, P M
Clinton, P M	J. H. Boyle, Esq;
Clyde, P M	H. G. Button, Esq.
Cromwell, P M	R. W. Stirling, Esq.
Hamilton's, P M
Hampden, P M	C. E. Smith, Esq.
Herbert, P M
Kakanui, P M
Lawrence, P M
Manuhcrikia, P M
Mataura, P M	Jmacaffer, Esq.
Milton, P M	P. Stewart, Esq.
Mosgiel, P M
Naseby, P M	T. B. Whitton, Esq., M.D.
Oamaru, P M	H. A. DeLautour, Esq.
Ophir, P M
Outram, P M
Palmerston, P M	W. Brown, Esq., M.B.
Port Chalmers, P M	J. Drysdale, Esq., M.D.
Queenstown, P M	Charles Scott, Esq.
Roxburgh, P M	T. Leahy, Esq., M.B.
St. Bathan's, P M
Switzer's, P M	T. K. Douglas, Esq.
Tapanui, P M
Waikouaiti, P M	William Brown, Esq.
Waipori, P M	A. Stewart, Esq., M.D.
Invercargill, P M	Edm. Yorath, Esq.
Longbush, P M
Riverton, P M	F. A. Monckton, Esq.
Winton, P M

Forms of application and full particulars can be obtained from any of the above Agents, but Premiums can only be received by the respective Local Postmasters, distinguished by the Letters P M before the name of the Agency, or by the Chief Agents at Dunedin, Christchurch, Wellington, and Auckland.

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New Zealand. Government Life Insurance.

1. The Government Life Insurance Department issues all desirable forms of Policies.

2. The Payment of every Policy is guaranteed by the Colony.

3. Division of Profits.—The surplus or profit is ordered by Law to be divided among Policy-holders only, and is to be ascertained every fifth year. The first investigation, with a view to division of profits, is to be made as at 30th June, 1880. The first quinquennial investigation, recently completed, shows a surplus of over £12,000.

4. The Premiums combine two benefits. They are as low as is consistent with the safety of the Office, and they entitle the Policy-holder to a full share in the profits, who thus secures from the first the advantage of a participating policy from 15 to 30 per cent, greater than those of the same kind granted by Private Companies for the same premium.

5. Payment of Premiums.—The payments may be made during whole term of life, or during a limited period only; at an invariable annual, half-yearly, or quarterly premium, or by a single premium. The rates for any description of Life Insurance not given in the published Tables may be obtained at the Head Office in Wellington.

7. All Policies, after five years' duration, are indisputable and unchallengeable on any grounds whatever connected with the statements on which the Assurance was based, except fraud, provided the age of the Insured has been admitted.

8. All Policies, after five years' duration, are freed from all conditions, except the payment of premium, provided the age of the Insured has been admitted, and he has attained thirty years of age, and has resided continuously within the ordinary limits from the date of the policy. Holders of such policies can travel or reside in any part of the world, without license of payment of extra premium.

9. Proof of Age.—Age will be admitted at any time on a policy on production of either a certificate of birth or baptism; or, failing these, the best proof that can be procured, such as, for instance, an entry in a family Bible, or a statutory declaration from a relation or friend, stating belief as to age, and grounds of such belief.

10. All Policies are Non-Forfeitable after three years to the full extent of their value, under a special regulation providing for the continuance in force of every policy for the original amount, so long as the surrender value of the policy, as defined by the regulation, is not less than the premiums in arrear, together with interest at six per cent, per annum, thus giving to every policy-holder a full equivalent for every premium paid. Such policies may be revived even within twelve months after exhaustion of surrender value on proof of unimpaired health, and payment of arrears and fine.

11. Surrenders.—Policy-holders, after having paid three full annual premiums, are guaranteed a cash surrender value of about 40 per cent, of the paid-up premiums, provided that no premiums are in arrear, and that the surrender value is not less than £5; but if for any reason the premiums have not been paid when due, a policy free of future premiums will be granted, on application, for such an amount (generally greater than the paid-up premiums) as the surrender value at date of lapse will purchase, provided that such policy is not less than £50, and that application is made within three months.

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The following Example, taken from the preceding Table, illustrates the practical working of clauses 10 and 11:—A person, aged 30 (col. 1), insured for £1,000, paying an annual premium of £20 8s. 4d. (col. 2), whose policy has been in force for three years, would be entitled to a surrender value, in cash, amounting to £23 0s. 10d. (col. 3); or, if he failed to pay the next premium, the surrender value would be applied by the office to keep the policy in force for a period of twelve months, during which time the policy can be revived as stated in the preceding clause, No. 10; or, if death occurred, the sum assured would be paid, less arrears and interest; or, if notice is given within three months from date of lapse, he could receive a policy free of all future premiums of £66 8s. 4d., being an amount exceeding the premiums he has paid.

12. Loans.—Policy-holders can borrow on the security of their policies to the extent of 90 per cent, of the cash surrender value, provided the loan exceeds £5. (For cash surrender value, see columns 3, 6, and 9 of preceding Table.) The loan agreement between policy-holders and the Department is prepared free of cost, and interest is at present charged at the rate of £7 per cent, per annum, payable half-yearly. Loans can be repaid at any time without previous notice. No loans can be granted on settlement policies under section 16 of "The Government Insurance and Annuities Act, 1874."

13. Revival of Lapsed Policies.—Thirty days of grace are allowed on all Renewal Premiums, and no policy is absolutely forfeited for non-payment of premium unless the premium remains unpaid for twelve months, or the surrender value (if any) has been exhausted for a year. Such policies may be renewed, provided the premiums in arrear and a fine are paid, and the Insured is in unimpaired health.

14. Policies Protected from Bankruptcy.—An Assurance policy effected by the Insured, bonâ fide on his own life, is protected from bankruptcy or insolvency laws to a certain amount, which increases with its duration. Thus, after it has endured for two years, it is protected to the extent of £200;

After five years	to	£500
After seven years	to	£1,000
After ten years	to	£2,000

This protection applies only in favour of the personal representatives of the Insured.

15. Married Women may effect Policies, dispose of the sum assured by will, as if single, and their policies are protected from the debts of their husbands, according to duration, to amounts similar to those stated in clause 14.

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16. Settlement Policies.—Policies effected for the benefit of the wife and children of the Insured under section 16 of "The Government Insurance Act, 1874," are from the date of issue absolutely protected from the claims of creditors to the extent of £2,000, provided that the premiums are payable during life, or any period not less than seven years: but such policies cannot be surrendered for cash.

17. A Policy-holder may at any time nominate his wife, mother, child, brother, sister, or niece to receive the sum assured payable at his death, provided it does not exceed £200.

18. Probate, &c., dispensed with.—When a claim under a policy does not exceed £200, the Commissioner may dispense with the production of probate or letters of administration, thus saving great expense to the representatives of the Insured.

19. A Policy-holder may at any time direct that, instead of the sum assured being paid at his death, it shall be converted into an annuity payable to a nominee.

20. Exemption from Stamp Duty.—Annuities, policies, powers of attorney authorizing the receipt of moneys, and receipts for moneys payable under the Act, are exempted from stamp duty.

21. No Policy or Medical Fees charged. Assurances are granted on a single life to the extent of £3,000.

22. Notices of Assignment are received and registered at the Head Office only. On this subject, attention is requested to the provisions of "The Government Insurance and Annuities Act, 1874."

23. Claims at Death.—Claims are payable by the Regulations one mt nth after proof of death; but in practice they are paid in full as soon as death is proved and the representatives of the deceased are able to discharge the policy.

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The New Zealand Government Insurance department

Established 1870.

Annual Income	£97,245
Assurances in force	£2,701,140

Head Office:

New Government Buildings, Wellington.

London Office:

7, Westminster Chameris, Victoria Street,

Westminster, S.W.