Choice points royal commission towards claim denials, premiums – Local – Insurance News – insuranceNEWS.com.au Consumer group Choice has asked the royal commission into financial services to examine claims denials and to compel insurers to disclose more information around premiums. It says in a submission that a survey resulted in people relating “experiences of delays […]
$500K FRAUD FOILED BY PHONE FAIL
A Sydney man has been denied an insurance payout of more than $500,000 after it was found that his friend was responsible for the fire that destroyed his investment property. Sachin Sharma claimed $466,252 on his home policy and $60,637 for the contents at the property in Ingleburn in the city’s southwest which was destroyed […]
INSURER REVEALS AUSTRALIA’S CRASH HOTSPOTS
A road in Melbourne has been revealed as the Australian hotspot for car crashes by AAMI. Springvale Road in Glen Waverley, in Melbourne’s south east, was named Australia’s worst road for car crashes in the 2017 AAMI Crash Index this week. The busy road attracts high volumes of traffic both on and off peak […]
‘BEDBOUND’ CLAIMANT CAUGHT BUNGEE JUMPING ON NATIONAL TV
We’ve reported on foiled insurance fraud, but usually it’s CCTV footage or social media posts that catch out the perpetrators – now here’s a case of a TV show disproving a claim. Noreen Murray, who tried to get £19,000 ($32,000) in compensation for a fake back injury, pleaded guilty to fraud by false representation […]
AN INCREASE IN DISGRUNTLED CONSUMERS TAKE INSURANCE CLAIMS T...
UNHAPPY customers are fed up with their insurers saying “no” and consequently they are taking their claims one step further. Taking out the right cover is the best step you can take in avoiding conflict with insurers. Contact us today for professional advice and assistance in arranging your insurance. INSURANCE customers are being warned […]
HOW TROPICAL STORM HARVEY IS FEEDING ITSELF AND WREAKING DEV...
With increasingly dramatic weather patterns worldwide, it’s never too late to review your insurance for flood & storm. Want some help? Contact us now! Storm Crisis in the United States At a little over half the size of Tropical Cyclone Debbie, Harvey is not the largest tropical storm the world has seen this year. […]
WHAT INFORMATION DOES AN INSURER NEED AT CLAIM TIME?
Hopefully, you haven’t been in a position where you’ve had to make too many insurance claims. However, things can go wrong and your insurer is there to help in these circumstances. If you’re not familiar with making a claim, you might be a little confused as to what information your insurer will need […]
THE CHANGING FACE OF INSURANCE CLAIMS IN MANUFACTURING
Today, insurance claims in manufacturing are changing. Small to medium sized manufacturers are finding themselves forced to consider insurance that didn’t even exist 10 years ago. So what do you need to consider now? Do you know the risks you face every day? Have you kept up with your legal obligations? Discover more here. Source: […]
POKEMON GO SEES FIRST CAR INSURANCE CLAIMS ROLL IN
Insurance Excesses: How Do They Work?
Many policies include an excess. This is the amount you have to pay if you decide to make a claim on your policy. It’s a way of you accepting a small portion of the risk yourself. The amount of the excess is specified in your policy. How does it work? If your home is damaged […]
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