[LINK] Townhall meetings... (Insurance Rant -Qld Floods)

[Steven Clark]

Ditto. 

It's usually not until after an event that you discover your cover didn't cover what you though it covered. 

Who besides lawyers and insurers would think that 'flooding' might have technical meaning(s)?

---
Steven R Clark
Sent from my outboard brain ...

On 06/04/2011, at 22:17, "Philip Argy" <pargy at argystar.com> wrote:

> I have always assured clients that insurance policies contain the exact
> cover they want - but it's under the heading "Exclusions"!
> 
> Philip
> 
> -----Original Message-----
> From: link-bounces at mailman.anu.edu.au
> [mailto:link-bounces at mailman.anu.edu.au] On Behalf Of David Boxall
> Sent: Wednesday, April 06, 2011 9:41 PM
> To: link at mailman.anu.edu.au
> Subject: Re: [LINK] Townhall meetings... (Insurance Rant -Qld Floods)
> 
> On 6/04/2011 4:37 PM, Tom Koltai wrote:
> ...
>> It would appear the insurance companies are managing to avoid having 
>> to pay out to flood victims in the Gatton Ipswich area.
> ...
> For most of us, insurance is an article of faith. Too often, that faith goes
> unrewarded. Early last century a relative of mine quit his job in the
> insurance industry, sickened by the lengths to which his employer went to
> avoid paying claims. Has anything changed?
> 
> [-snip-]
> 
> 
> 
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