All businesses – from the biggest to the smallest – run the risk of incurring unforeseen losses. For instance, a grocer may lose stock in a flood, a factory may be destroyed by fire or a tailor may lose materials in a burglary. Total catastrophe can often be avoided if your business has been adequately insured.
Business insurance protects against unforeseen damage or loss which could jeopardise your company. These include business interruption cover (e.g. where your business is forced to close due to a pandemic), and business insurance against stock and equipment loss caused by fire, theft, or other acts of God. You enter into a contract with the insurer that against payment of premiums it guarantees to compensate you for loss. Without such cover your business could suffer a loss from which it may never recover.
If you own a home, you need both homeowner’s insurance and household insurance. While homeowner’s insurance covers the structure of your dwelling – the foundations, the walls, and the roof – household insurance covers the contents of your home, such as your appliances, furniture, and personal belongings.
Insurance companies rely very heavily on the small print in their contracts, to reject your claim. If your vehicle is damaged in a collision and it is found that you were drinking and your car’s tyres were worn, the claim may be repudiated on those two grounds,
The insurance lawyers team at Bregman Moodley Attorneys can guide you by interpreting the clauses in the insurance policy (such as any exclusion clauses in terms of which benefits will not be paid) and how to proceed against the insurance company should it repudiate a claim (e.g. where the rejection is against public policy or grossly and palpably unfair).
Our services include:
- Advice and opinions on insurance legislation and acts.
- Interpretation of insurance laws and policies.
- Litigation on policy liability or repudiated claims.
- Insurance claims litigation.
- Proofreading and interpretation of policy manuals and wording.
Our skilled insurance lawyers will protect you against insurance scams or lack of care from your insurance provider. Our team will ensure that you are not paying any more than you should be and that you will be covered for valid claims.
Contact us today for more information on our legal services. Additionally, you can browse through our services to find exactly what you need.