News3 mins ago
Insured By Two Companies For The Same Event
what happens if you need to make a claim but are actually insured by two companies for the same event? would they split it, or both refuse to pay out?
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You need to read the exception clauses of both policies as some insurance companies refuse to pay out if the claim is also covered with another policy.
If that clause isn't in place then they will argue back and forth and may eventually split the claim, so it will take longer to be settled.
It's explained here:
http://
If that clause isn't in place then they will argue back and forth and may eventually split the claim, so it will take longer to be settled.
It's explained here:
http://
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