350 



POST OFFICE SAVINGS BANKS. 



[Dec. 1896. 



Evidence of Age. A Statement of Age is sufficient if the 

 Controller of the Savings Bank Department can verify it from 

 the records of the Registrar-General, London, and thus the cost 

 of a Certificate of Birth is saved. A simple form for the purpose 

 can be obtained at any Post Office SaviDgs Bank. 



Medical Certificates can be dispensed with for Insurances 

 up to 251 inclusive. 



Premiums are payable by transfers from Savings Bank deposit 

 accounts, and deposits can be made for the purpose at any Post 

 Office Savings Bank. When the balance in the account is 

 insufficient, the depositor will be informed accordingly in time 

 to make a deposit. By means of the Penny Stamp Slips the 

 provision can be made in sums of one penny at a time. 



Friendly Societies. Members can pay their premiums 

 through their Society if the Society is willing to undertake the 

 collection. 



Residence Abroad. Permission is granted to persons over 

 80 years of age who have been insured 5 years, to reside in any 

 part of the World without the payment of any extra premium. 



Lapsed Insurances — Money not Lost. If after paying two 

 annual premiums the Insurance is discontinued, a Surrender 

 Value is payable, or a " paid up " Policy is issued for such an 

 amount of Insurance as the premiums already paid may justify. 



Nominations. Any insured person over 16 years of age can, 

 without any expense, nominate a person to receive the amount 

 of the Insurance money at death. 



Payment at Death. The amount insured is paid immediately 

 evidence of death is furnished. A form for obtaining a cheap 

 certificate of death, at the reduced charge of one shilling, can be 

 obtained from the Controller of the Savings Bank Department. 



