§ Sir W. Wayland
asked the Parliamentary Secretary to the Board of Trade why packages are not included under war risks insurance as packages are frequently as valuable and in some cases more valuable than the contents?
§ Major G. Lloyd George
Speaking generally, the commodity insurance scheme covers only those goods owned by 1845W a seller or supplier of goods which are held for sale or supply in the course of that business. It does not extend to goods which are of the nature of plant or equipment used in the business. This class of goods is at present uninsurable. Thus, if containers are sold along with their contents, they are insurable, but not if they are returnable to the suppliers.