Post Office Savings Banks. 



H3 



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 sixteen years of 

 age can, without any expense, nominate a person to receive 

 the amount of Insurance money at death. 



Payment at Death. — The amount insured is paid imme- 

 diately 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. 



Facilities for Investing in the Funds. 



Investments in Government Stock can be made through 

 any Post Office Savings Bank of sums from one shilling to ,£200 

 Stock in any year ending 31st December until the maximum of 

 £500 Stock has been reached; and money can be deposited 

 for this purpose irrespective of ordinary Savings Bank 

 deposits. The dividends are collected by the Post Office and 

 added to the depositors' accounts without charge. 



Sales. — A depositor who buys Stock in this w T ay can sell 

 the whole or part of it at any time through the Post Office 

 Savings Bank, 



Commission. — The commission on a purchase or a sale of 

 Stock is gd. for Stock not exceeding £25, and 6d. on each 

 further £25 up to £100. Beyond this it is 6d. more for each 

 additional ^100 Stock or part of £100 Stock. 



Further Provisions in Regard to Stock. — A depositor 

 may, at a small cost, transfer Stock into his name at the 

 Bank of England, or obtain a Stock Certificate with dividend 

 coupons annexed. 



