by kwadwocode | Jan 10, 2020 | Insurance
SIC INSURANCE COMPANY LTD V. KEN KWAME ASAMOAH (2018) JELR 66838 (SC) SUPREME COURT · 21 NOV 2018 · GHANA CORAM ADINYIRA (MRS) JSC (PRESIDING), YEBOAH JSC, BAFFOE-BONNIE JSC, APPAU JSC, PWAMANG JS JUDGMENT BAFFOE-BONNIE, JSC- In this judgment, the...
by kwadwocode | Jan 10, 2020 | Insurance
The Supreme Court by majority decision has held that an insured party is entitled to determine the value of his insured car and that the value although not being the actual value of the car will not render void the insurance contract. This is because the value...
by kwadwocode | Dec 1, 2019 | Accident Insurance, All Risk Insurance, Engineering Insurance, Others
Car insurance providers may refuse to pay out on claims if motorists are found to be upgrading a vehicle and not letting an insurance provider know. Policyholders issue insurance policies based on how the car was at the time the policy was taken out and companies have...
by kwadwocode | Dec 1, 2019 | Accident Insurance, All Risk Insurance, Aviation Insurance, Bonds & Securities, Engineering Insurance, Liability Insurance, Marine Insurance, Micro Insurance, Money Insurance, Others
The benefit illustration of a life insurance policy shows how returns on the money invested will be earned/calculated. While reading the life insurance benefit illustration, you must keep a note of the following points: 1. If the life insurance policy offers...
by kwadwocode | Dec 1, 2019 | Accident Insurance, All Risk Insurance, Aviation Insurance, Bonds & Securities, Engineering Insurance, Liability Insurance, Marine Insurance, Micro Insurance, Money Insurance, Others
If you claim insurance for your car in case of theft but don’t have all the car keys, you may not get your claim. The insurer can ask you to submit the two car keys before processing the insurance claim and if you fail to do so, your claim can get rejected. You...
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