Industrial Assurance (Lapsed Policies).

Oral Answers to Questions — National Finance. – in the House of Commons at on 17 December 1929.

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Photo of Sir Basil Peto Sir Basil Peto , Barnstaple

60.

asked the Financial Secretary to the Treasury whether he can now state the decision arrived at on the question of advertising the rights of lapsed policy holders under the Industrial Assurance Act, 1929, in the post offices throughout the country?

Photo of Mr Frederick Pethick-Lawrence Mr Frederick Pethick-Lawrence , Leicester West

I have carefully considered this suggestion, but as at present advised I do not think that it would effect the result desired, and accordingly I do not propose to adopt it.

Photo of Sir Basil Peto Sir Basil Peto , Barnstaple

Is the hon. Gentleman aware that the Royal Liver Friendly Society, under the heading "Notice of Forfeiture or Lapse Notice," are issuing claims on their contributors which state that, if within 28 days—

HON. MEMBERS:

Speech!

Photo of Lieut-General Edward Fitzroy Lieut-General Edward Fitzroy , Daventry

There is too much writing about that supplementary question.

Photo of Sir Basil Peto Sir Basil Peto , Barnstaple

Am I not entitled, for greater accuracy, to quote the exact words of a very important document about which I wanted information from the Financial Secretary to the Treasury? [Interruption.] I wish to point out that I cannot quote from a document which is necessary without quoting that document.

Photo of Lieut-General Edward Fitzroy Lieut-General Edward Fitzroy , Daventry

Questions are put in order to obtain information, not to give it.

Photo of Sir Basil Peto Sir Basil Peto , Barnstaple

Is the hon. Gentleman aware that certain insurance companies are issuing notices to the people who—

HON. MEMBERS:

Speech!