INSURANCE AGAINST RAIN.
POLICY FOR AIR PAGEANT. COVER IN CASE OF LOSS. As an insurance against rain diminishing patronage at the air pageant at Alexandra Park to-day a policy has been taken out by the Auckland Aero Club as cover in case of financial loss. The terms provide that in the event of one-tenth of an inch of rain falling between 11.50 a.m. and 2.30 p.m., the insurance company shall pay the club £IOO, the premium being £l2. Ihe paities to the contract have agreed that the rainfall, if any, shall be measured by the official Government recorder, Mr. S. M. \allop. A rain gauge has been installed at Alexandra- Park for the purpose.
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Bibliographic details
New Zealand Herald, Volume LXIX, Issue 21153, 9 April 1932, Page 10
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114INSURANCE AGAINST RAIN. New Zealand Herald, Volume LXIX, Issue 21153, 9 April 1932, Page 10
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