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{
    "id": 465357,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/465357/?format=api",
    "text_counter": 316,
    "type": "speech",
    "speaker_name": "Hon. (Eng.) Gumbo",
    "speaker_title": "",
    "speaker": {
        "id": 24,
        "legal_name": "Nicholas Gumbo",
        "slug": "nicholas-gumbo"
    },
    "content": "unscrupulous insurance companies in this country and these are people that we need to deal with through legislation. As I wind up, so that I give time to some of my colleagues also to contribute, the realities of our times are here with us. Today, we just had the National Prayer Meeting. Terrorism is a reality. Why does it not become a basic requirement now that part of the life insurance policy should also include acts of terrorism? If you look at the losses which have been incurred in West Gate, for example, I can bet that only a few of those people who have lost their assets will get compensation. Most of the insurance companies will only be too keen to look at ways of avoiding their responsibility by saying:- “Look here, yes, we accepted the premium from you and you were insured with us, but as you can see, our policy here does not cover acts of terrorism”. I have talked about cyber security. It is a real threat and it can bring down an entire nation. We need to talk about it. Finally, as an engineer, let us also insure intelligence."
}