ASSISTING SOLDIERS
LOADED INSURANCE PREMIUMS SCHEME UNDER CONSIDERATION (By Telegraph.—Special to Times) WELLINGTON, Friday “A proposal to set up a Soldiers’ Financial Assistance Board is being framed,” said the Minister of Finance, the Hon. W. Nash, when replying in the House of Representatives today to an urgent question asked by Mr A. S. Richards (Government —Roskill). Mr Richards inquired whether the Minister would establish some authority which could provide financial assistance to meet increases of premiums on insurance policies taken out after September 1 and made in favour of the wives and children of soldiers going overseas. “During the 1914-1918 war period,” said Mr Richards in a note to his question, “a Soldiers’ Assistance Board helped to finance such cases, and £352,389 was paid in war claims at an extra premium of only £33,646 by the Government Life Insurance Office.” Mr Nash said the increase in premiums on account of active war service was under consideration. As soon as inquiries were completed, a statement of the procedure to be followed would be issued. Existing policies were in the main not affected.
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Waikato Times, Volume 125, Issue 20923, 30 September 1939, Page 2
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181ASSISTING SOLDIERS Waikato Times, Volume 125, Issue 20923, 30 September 1939, Page 2
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