Assessing insurance claims in light of intentionally missed premium payments
Tuesday, 06 July 2021
by Insuralex
In instances where someone fails to pay an insurance premium and it amounts to a repudiation of an insurance contract, the insurer need not provide an extension for the payment of a premium (grace period) regardless of the wording of the policy. This was held in the recent decision of the Supreme Court of Appeal
- Published in Cliffe Dekker Hofmeyr, News + Articles