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WAR RISK INSURANCE IN AUSTRALIA

CANBERRA, May 20.

The Federal Cabinet has approved in principle the personal war risk insurance scheme under which every civilian in the Commonwealth will be covered. The Commonwealth will carry the entire financial burden and compensation will be paid to civilians who suffer personal injury from enemy action in Australia.

The proposed compensation comprises:— (1) Temporary allowances to tide incapacitated people over their period of incapacitation.

(2) Permanent pensions to persons totally incapacitated. (3) Permanent pensions to the dependents of breadwinners killed by enemy action. The scheme could be brought into operation under the National Security Act in 24 hours.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19410521.2.47

Bibliographic details

Southland Times, Issue 24440, 21 May 1941, Page 5

Word Count
105

WAR RISK INSURANCE IN AUSTRALIA Southland Times, Issue 24440, 21 May 1941, Page 5

WAR RISK INSURANCE IN AUSTRALIA Southland Times, Issue 24440, 21 May 1941, Page 5