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Insurance – Fraudulent insurance claim. In the course of a shipping claim, the Court of Appeal, Civil Division, considered whether the rule whereby a fraudulent claim deprived the insured of any right to recover anything applied also in the case of 'fraudulent devices', namely statements made recklessly or with knowledge of their untruth to support a claim that was honestly believed to be true. In dismissing the claimant owners' appeal, the court held that the rule was to be applied in such circumstances and that it was proportionate for it to do so.
Insurance – Fraudulent insurance claim. In the course of a shipping claim, the Court of Appeal, Civil Division, considered whether the rule whereby a fraudulent claim deprived the insured of any right to recover anything applied also in the case of 'fraudulent devices', namely statements made recklessly or with knowledge of their untruth to support a claim that was honestly believed to be true. In dismissing the claimant owners' appeal, the court held that the rule was to be applied in such circumstances and that it was proportionate for it to do so.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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