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Thursday, 22 May 1930


Senator DOOLEY (New South Wales) .-I trust that the amendment will not be pressed, because I am opposed to the issue of policies without the consent of husband and wife. After the death of the assured there is a great deal of detail to be cleared up in connexion with industrial policies. Conclusive proof that the party assured has been a member of a particular company must be furnished by some one other than a relative of the deceased, but as people do not usually go round advertising that they have insured for £20 or £50 under an industrial policy, it is often difficult for the company to secure the required proof. Many representatives of companies paint rosy and glowing pictures of the benefits to be derived by insuring in their companies. In some cases people are deliberately misled into paying premiums, and it is not long before they find they are not entitled to all that the agents have promised. Insurers should thoroughly understand the position before policies are foisted upon them, and there should be no secrecy about the matter. For that reason I hope the amendment will not be pressed.







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