Question Tag: Claims

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BL – Nov 2019 – L1 – SB – Q4d – Company Law

Explanation of factors necessary for claiming contribution in multiple insurance policies.

Multiple insurance is an allowable practice under insurance law.
Required:
Explain briefly THREE essential factors necessary to claim contribution by an insurance company. (6 Marks)

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BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

Tatafo insured his 2-storey house with an insurance company against fire and burglary incidents. A question in the proposal form required the insured to state any peculiar or special environmental information on the location of the house, to which Tatafo wrote “None.” The house was recently destroyed by fire, which started from a nearby petrol station. Tatafo filed for claims from the insurance company, but the insurance company refused to pay upon discovering that the house was built behind the petrol station, which Tatafo failed to disclose on the insurance proposal form. Tatafo is aggrieved and intends to sue the insurance company.

Required:
Advise Tatafo, stating the legal issues involved.

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BL – Nov 2019 – L1 – SB – Q4d – Company Law

Explanation of factors necessary for claiming contribution in multiple insurance policies.

Multiple insurance is an allowable practice under insurance law.
Required:
Explain briefly THREE essential factors necessary to claim contribution by an insurance company. (6 Marks)

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Report an error

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q4d – Company Law"

BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

Tatafo insured his 2-storey house with an insurance company against fire and burglary incidents. A question in the proposal form required the insured to state any peculiar or special environmental information on the location of the house, to which Tatafo wrote “None.” The house was recently destroyed by fire, which started from a nearby petrol station. Tatafo filed for claims from the insurance company, but the insurance company refused to pay upon discovering that the house was built behind the petrol station, which Tatafo failed to disclose on the insurance proposal form. Tatafo is aggrieved and intends to sue the insurance company.

Required:
Advise Tatafo, stating the legal issues involved.

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