MUTUAL INSURANCE.

Timaru Herald, Volume CXXIII, 8 April 1926, Page 7

MUTUAL INSURANCE.

FOR MOTORISTS; Dr. C. A. Paterson, president of the South Canterbury. Motor Association, presided at a meeting of the Association, hold last evening.. The meeting was called to consider the mutual insurance scheme, which it was recently decided to inaugurate by tho South Island Motor Union. Mr Robieson, who lias' been appointed manager lor the Mutual Insurance Association, and Mr Thomas Buxton, organiser, attended the meeting. Dr, Paterson, in introducing Mr Robieson, said that he was not familiar with tho Motor Union’s scheme, but lie was a member of the .Medical Assurance Association, which had proved very successful indeed, and ho understood that the Motor Mutual Insurance Association was to be run on very similar lines. He had little doubt but that it would also be successful. Air Robieson explained in detail the working tho the scheme, and the protection, by way .of reinsurance, which would prevent , any considerable loss in any one event.

Several members. expressed themselves as satisfied that the scheme was it thoroughly good and reliable' one, end that there wns little doubt that it would receive very substantial support from members of the Motor Union, as it would mean a very substantial reduction in present rates. Air Robieson said the scheme had already received considerable support in Christchurch, and it was meeting with a good reception all through the Island. ■