A client took Discovery Insure to court for R675 000. Now he must pay it R1.7 million | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 80%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

A genuine storm, but a fraud-tainted claim for emergency accommodation will leave Tshamunwe Masindi out of pocket by rather a lot. | News24_Business

Tshamunwe Masindi suffered not much under R1 million worth of storm damage to a Pretoria home. Discovery Insure covered that.

That represented good value on a policy on which Masindi had only been paying premiums for six months, covering both repairs and R675 000 worth of emergency accommodation while the damage was sorted out. Then Discovery discovered the emergency accommodation claim had been tainted by whatThat fraud will now cost Masindi in the region of R1.7 million in money he would have been legitimately able to keep, not counting Discovery's legal costs.

Discovery had gone to the high court to claim back all its money, based on a standard clause in many insurance contracts: if there is any fraud, the whole policy is cancelled, retroactively. The high court found there had been fraud in the claim, but said that the fraud provision amounted to a penalty clause that is unenforceable under South African law, and so the genuine part of the payout should stand.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 4. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว