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Nation Life Insurance Company

Volume 886: debated on Monday 17 February 1975

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asked the Secretary of State for Trade whether he intends to extend any degree of cover under any scheme or to invite any other body to give such cover to policy holders in the Nation Life Insurance Company.

While I have considerable sympathy for the policy holders of this company I have no powers to give financial assistance in this case. Ever since the difficulties of the company became apparent my Department has continued to explore with other insurance companies the possibilities of assistance for its policy holders.