§ Mr. Michael Cocksasked the Secretary of State for Trade and Industry, in view of public concern, if he will urgently examine all forms of advertisement for cash in hospital only insurance schemes with a view to making immediate use of his powers under Clause 41 247W of the Insurance Companies Bill when the legislation becomes law.
§ Sir G. HoweClause 41 of the Insurance Companies Bill confers power to prescribe by regulations the form and contents of insurance advertisements, and to make different provision in relation to insurance advertisements of different classes or descriptions. Before making any regulations I propose to consult interested organisations, and I should expect cash in hospital insurance schemes to be amongst the items considered. We have put down a new clause in Committee dealing with misleading statements, etc., inducing a person to enter into a contract of insurance.