December 22, 2024
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Risky Business

Risky Business

No Competition

An adventure company has decided to fold its operations owing to high premiums. However, it was found that the owner barely received any quotes from insurers due to a lack of competition! Now, how about that?

Unvaccinated? Pay Up!

A city council has said that employees who are not vaccinated against the Coronavirus will need to pay higher insurance rates. Conversely vaccinated employees would receive five additional paid sick leave days if they contracted the virus. The unvaccinated employees soon added ‘unemployed’ to their status quo, blaming the council...

Tested & More

A well-known movie producer sued his insurance company over shutdowns during the pandemic. Members of his staff were diagnosed positive for COVID-19 and the shoot was postponed about seven times. He ended up losing his temper and then sought a trial for the damages caused.

‘Please Wait’

On the other hand, here is another ‘pipe’ incident gone horribly wrong. Seven months after a pipe burst in a home, the insured still awaits repairs in her home. The insurance company gave her two cheques – both with errors such that she could not encash them and pay for...

The Pipe that Quit

A couple who moved into a new home was assured that the pipes that were installed in the home were of top quality and a better choice than copper ones. However, in 10 years they had to deal with a pipe burst every year. But they decided not claim. Why?...

Accident or conspiracy?

A cyclist was involved in a car collision. He believed the incident was the root of a large conspiracy and demanded an audience with a host of representatives from public organisations, governments, including Her Majesty Queen Elizabeth II as parties to his motor insurance case. Phew! A complicated case, this.

Ouch!

A man presented an insurance check that was issued to him at a local bank. Unfortunately the insurance company did not add a name suffix in the cheque. The bank manager immediately cast a suspicious eye, decided that the man was trying to steal money and called the police. The...

Excuses, excuses!

A woman was left homeless after an SUV slammed into her house and ended up in her kitchen. While she did not have homeowner’s insurance, the driver had an insurance and a claim was filed immediately. She was asked to submit photos at least two times, because the insurer ‘lost’...

Wake up & Smell the Scam!

A man went to a house claiming to be an insurance agent and said he needed to take pictures of a home to finish up an insurance claim. The resident did not have any claims pending and did not have insurance through the same company that the man said he...

Rejected on a Technicality

An insured’s motor vehicle was damaged when it collided with the rear of another motor vehicle. The vehicle was being driven by the insured at the time. The insurer rejected the insured’s claim for the damage to the vehicle on the basis that a policy condition that required the insured...

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