INSURANCE RIGHTS
SOLDIERS KILLED ABROAD
SAFEGUARD IN BILL
CANBERRA, July G. The Life Insurance Bill, which is now before the House or Representavps will protect the insurance mtrrosts o f servicemen who were H fed' overseas. The insertion of a cl use in the bill giving this prolcc,ir., provides that companies cannot avoid the payment of the full amount of -i serviceman’s policy unless they have consent to an “escape” clause °White' 'lhiera 1. Victoria) who spfin-ed the insertion of the clause, said that if a serviceman was lulled in Australia the companies mud the ~n amount of the policy, but n a serviceman was killed overseas the eomDunies paid only the premiums actually paid, plus a low interest rate. Mr White described this as a. discrimination which placed a penalty on servicemen,
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Bibliographic details
Gisborne Herald, Volume LXXII, Issue 21759, 7 July 1945, Page 6
Word Count
133INSURANCE RIGHTS Gisborne Herald, Volume LXXII, Issue 21759, 7 July 1945, Page 6
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