HC Deb 10 May 1923 vol 163 cc2598-9W

asked the Chancellor of the Exchequer if he will ascertain for the information of Members, before the Report stage of the Industrial Assurance Bill, the following particulars with regard to the issue of five per cent. War Bond policies by industrial assurance companies between 1916 and 1921; the amount insured under the 310,806 policies, which had lapsed up to the end of 1922; the total premiums paid under the 310,806 lapsed policies; the total amount, if any, refunded by the insurance companies on account of the 310,806 lapsed policies; the total amount insured under the policies which have been surrendered in the same period; the total amount of premiums paid, and the total amount of money refunded by the insurance companies on the surrendered policies; the number, present value, and ultimate value of existing policies; and the total premiums paid on account of the same?

Lieut.-Colonel BUCKLEY

I have been asked to reply. The only information in the possession of the Board regarding War Bond policies was contained in the answer which I gave to the hon. Member on the 19th April. A copy of this question has been forwarded to the Prudential Assurance Company, Limited, with a request that they will furnish the desired particulars as far as possible. On receipt of the Company's reply, I will communicate with the hon. Member.