Insurance Against No Royal Tour
. . — r— — Press Association)
(Per
WELLINGTON, Oct. 7. A premium of £10 10s for eaeh £100 of cover, is being paid for insurance against the possibility of a cancellation of the Royal Tour to New Zealand. The original suggestion was b.etween £5 and £10 but it is only recently that an active interest has been shown and one line of insurance w.as placed today in' Wellington at £10 10s. Lloyds ' insurajiee broker in Wellington said tonight in a telephone int-erview, that most inquiries had so far ■ been tentative although .a lot of policies had been taken up in Australia.'' However, in the past two or three days more interest had been shown. This particularly applied to manufacturers who were producing souvenirs and other goods which dependegl for theii- sale up.on their Majesties' visit.
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Bibliographic details
Chronicle (Levin), 8 October 1948, Page 5
Word Count
137Insurance Against No Royal Tour Chronicle (Levin), 8 October 1948, Page 5
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