§ Mr. Bishopasked the Minister of Housing and Local Government what discussions he has held with the British Insurance Association and Lloyd's regarding flood insurance; and with what results.
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§ Mr. GreenwoodAlthough as a result of Government representation at the time of the widespread floods in 1961 insurance cover against flood damage was made available generally at a low cost, I was concerned to discover from last year's floods how high a proportion of householders were not insured against flood damage or, indeed, in many cases against any risks. The Government believe that the taxpayer is entitled to expect the individual to insure his own property and not to rely on private contributions or Government compensation in the event of loss or damage. The then Minister for Planning and Land therefore had talks last January with the chairmen of the British Insurance Association and of Lloyd's as a result of which they have jointly promoted a publicity campaign to encourage the spread of insurance, particularly for floods.