§ Mr. Michael McNair-Wilson
asked the Chancellor of the Exchequer, pursuant to the reply of 17 July, Official Report, columns 603–4, which Government fixed assets are covered by commercial insurance.
§ Mr. Brooke
Commercial insurance is considered where it confers additional advantages apart from compensation for loss. Two examples are the insurance of lifts and boilers which include periodical expert inspection as well as compensation. An insurance premium may also be paid on goods in transit to ensure extra care in handling. It is for individual Departments to decide whether particular situations warrant taking out commercial insurance and no central records are kept.