Tag Archives: liability

MY RIGHTS TO YOUR PROPERTIES…I PAID YOU OFF

textgram_1494066380

In an insurance contract, responsibilities flows between both the insurer and the insured. And with responsibilities comes duties and rights.  Indeed as an insured, you have the right to have your losses mitigated. The insurer also has the right to recover their outflow on your claim too.

Another of my responsibilities to my principal is to retrieve from an insured, properties which were subject of an insurance claim where the claim is being treated as a total loss (either actual or constructive) and the insured has been or is to be paid off. Continue reading MY RIGHTS TO YOUR PROPERTIES…I PAID YOU OFF

I WILL GO MILES FOR YOU…WILL YOU DO SAME?

 

textgram_1492743888

Insurance is like a romantic relationship. As in the latter, the parties involved in the former also have their expectations, duties, responsibilities and rights for the relationship to be mutually beneficial.

As an insured, having suffered a loss which is covered by the policy, you have the right to seek compensation from the insurer. So also, the insurer, having compensated you, has the right to recover their outflow where there is a negligent third-party responsible for the loss. Continue reading I WILL GO MILES FOR YOU…WILL YOU DO SAME?

A COVER FOR YOUR COVER – BURGLARY INSURANCE

BURGLED
THE RELEVANCE OF A BURGLARY INSURANCE POLICY

The possibility of being dispossessed of our properties (be it personal belongings, business properties, trade stocks, or properties held in trust or on commission) by unscrupulous elements exist on a daily basis. When this happens, we are left in a disadvantaged position. Business activities can be completely disrupted if not terminated. Where and how to begin becomes an issue of great concern. Continue reading A COVER FOR YOUR COVER – BURGLARY INSURANCE

HOW TO GET FULL COMPENSATION UNDER YOUR MOTOR INSURANCE POLICY

Motor Accident

I once had a discussion with a friend who claimed to have been defrauded by his insurance company. He lodged a claim under his motor insurance policy and at the end of the whole thing, what he got in form of compensation fell way below his expectations.

As a Claims Expert, i requested to know the details of the transaction and a copy of his insurance policy. After a careful perusal I discovered that my guy like many other claimants threw caution to the wind when he took up his motor insurance policy. It is too late to cry after the head has been chopped off!

Continue reading HOW TO GET FULL COMPENSATION UNDER YOUR MOTOR INSURANCE POLICY

YOU’VE GOT A CLAIM? GET COMPENSATED!

textgram_1468760223[1]

A claim in insurance is the occurrence of the eventuality(ies) insured against upon which the liability of your insurance policy is engaged. In other words, it means you have suffered a loss from the use of your vehicle which requires your motor insurance policy to come into operation. Continue reading YOU’VE GOT A CLAIM? GET COMPENSATED!