§ 42. Mr. EDWARDS (for Mr. RHYS DAVIES)asked the Financial Secretary to the Treasury whether he is aware that certain assurance companies issue industrial assurance policies without any provision therein or period of grace in respect of arrears before the issue of the statutory lapse notice; and whether he will introduce legislation to ensure in all policies the insertion of a provision for a period of 13 weeks' grace before issue of lapse notices?
§ Mr. HORE-BELISHAThe answer to the first part of the question is in the affirmative. As regards the second part, a Departmental Committee is at present inquiring into the law and practice relating to industrial assurance.