Clause 1. — (Extension of purposes for which policies may be issued.)

Part of Orders of the Day — Industrial Assurance and Friendly Societies Bill. – in the House of Commons on 15th March 1929.

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Photo of Mr William Kelly Mr William Kelly , Rochdale

I beg to move, in page 1, line 16, to leave out the word "such".

The word "such" as it stands in the Bill, limits anything which is done to the policy which has been issued. The insurance company undertook to pay certain amounts to the insured, but the word "such" enables the company to get out of their liability and to pay what is termed a sum not exceeding a reasonable amount for funeral expenses. If the insurance company has made a promise to people that if they will pay certain premiums they will be entitled to certain benefits, that insurance company should be prepared to keep its promises. I am afraid that the insurance companies of this country are able often enough to secure advantages for themselves which it is not possible for other people to secure.