HC Deb 28 November 1938 vol 342 c50W
Sir J. Smedley Crooke

asked the Chancellor of the Exchequer whether, in view of the fact that insurance companies will not insure against war risks, and that in case of a war when manufacturers' premises will be bombed by enemy aircraft resulting, among other serious consequences, in throwing men out of employment, he will consider instituting a national insurance scheme against war risks, with a premium based on the assessable value of the premises applied to every commercial building throughout the country, thus realising a large sum to be drawn upon in the event of damage being sustained?

Captain Wallace

I would refer my hon. Friend to the reply which my right hon. Friend gave on 15th November to my hon. Friend the Member for Barrow-in-Furness (Sir J. Walker-Smith).