INSURANCE TERMS
FOR THE AERO CLUBS
(By Telegraph—Per Press Association
WELLINGTON, May 31
Details of insurance schemes for pilots and aeroplanes were placed before the Committee of the Dominion Aero Club to-day. The insurance for the personnel of the clubs is proposed as follows:—
Pilots with R.A.F. experience, death Q 1000; permanent total disablement limbs or two eyes, £1000; partial disablement, £500; temporary disablement, £6 per week for 52 weeks. The minimum rate is four and a half per ~evu 1 £45) per annum.
In connection with plane insurance Lloyd’s Company, it was stated, would insure planes if the following conditions were complied with:—Frst, that a governing body he formed in New Zealand, Lloyds to negotiate with the parent body only; second, adequate repair facilities to lie obtainable outside of Soekburn and Auckland, or in the alternative, the clubs to bear the expense and cost of transportation to a recognised repair centre. The proposals are to be discussed at the Aero Club’s Conference at Wellington next Saturday.
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Hokitika Guardian, 2 June 1930, Page 5
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167INSURANCE TERMS Hokitika Guardian, 2 June 1930, Page 5
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