UNUSUAL INSURANCE CASE

Patea Mail, Volume LIII, 11 March 1932, Page 4

UNUSUAL INSURANCE CASE

£200,000 CLAIM SUCCEEDS.

An insurance case of unusual interest, in which the company concerned was a heavy loser, was referred to by Rotariau A. S. Clark in the course of an address at the weekly luncheon of the New Plymouth Rotary Club. The ease was handled by a company which is still doing business in New Plymouth. An old couple, both of whom were over 70 years of age, had a very valuable estate which, in the ordinary course'’of events, would go to a nephew, as there were no children. The nephew was Scottish in descent and in in-- _ stinet, and approached an insurance company with a request for a policy of £200,000 in ease a hitch occurred to prevent the estate coming to him. The. company made very careful investigations and was so satisfied that the risk was very small that it accepted the proposal at an almost nominal premium. Not long afterwards the aged couple went for, a drive. An accident occurred and the lady was killed, her husband escaping unhurt. Within a short time he married one of his housemaids and a son was born to them who became the new legatee. The Scottish nephew thereupon applied to the insurance company for the £2oo,ooo # and was paid.