§ Mr. C. E. PRICEI beg to ask the President of the Board of Trade a question, of which I have given private notice, namely: Is it to be a condition of the aircraft insurance scheme that any person desiring protection under it must effect the insurance through the company which already holds the fire insurance; if so, is this not interfering with the right of the individual insurer to select the channel through which his business shall be placed?
§ Mr. PRICEMay I say that I placed it at the top of the question the answer to which the right hon. Gentleman has just read out?
Mr. RUNCIMANI think my hon. Friend is under a misapprehension. I obtained the answers to my questions not in my private room, but behind the Speaker's Chair.
§ Mr. JONATHAN SAMUELMay I inquire if the premiums charged are net, or is the usual commission allowed to the agent?
Mr. RUNCIMANIt depends entirely upon the point of view from which my hon. Friend speaks. If he speaks as an agent, I should say they are gross, for out of the premium the commission will be paid. If he speaks as an insured person, or one who wishes to be insured, they are net.