HC Deb 04 June 1935 vol 302 cc1708-9W
Mr. GOLDIE

asked the President of the Board of Trade whether in any new legislation to amend the law relating to the issue of third-party-risk policies by insurance companies, he will render it illegal for liability under any such policy to be repudiated on the ground of misstatement of fact in the proposal form unless such misstatement is directly material to the liability of the holders of such policy to recompense the third party who has suffered injury and to the liability arising therefrom of the insurance company to indemnify the policy holder?

Mr. HORE-BELISHA

My hon. Friend is no doubt aware of the provisions of Section 10 of the Road Traffic Act, 1934, on the subject. I do not propose to introduce further amending legislation in the matter unless a longer experience of the effect of these provisions shows that they are inadequate.