Updated: Discovery to petition SCA after losing appeal against R25m disability order
The key issue in the appeal application was the relationship between the insured event and the life insurer’s duty to pay the claim.
Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.
Read moreThe key issue in the appeal application was the relationship between the insured event and the life insurer’s duty to pay the claim.
The judgment could have far-reaching implications for the life insurance industry, it says.
The life insurer acted unreasonably when it did not consider reports on the man’s incapacity after his policy expired, judge says.