My brother was the driver of a motorcycle involved in an accident that caused the death of a drunk person.
He gave 25k to the victim's wife for funeral expenses and then promised the proceeds of his CTPL insurance as additional indemnity.
The insurance officer asked for a receipt of cash given to the victim's wife, and said that would be the basis of the insurance proceeds.
He said that 70k is only a ceiling, and not really the automatic amount of proceeds. We worry that if we give the 25k receipt, the insurance company will give only that amount.
There's this statement in the CTPL insurance policy: No. 5 or Conditions Applicable To All Sections: ......no admission, offer, promise or payment made by or on behalf of the insured without the written consent of the Insurance Company...
Does this mean that we cannot put this in the Affidavit of Desistance? ... That the victim's wife will no longer pursue any legal case because the driver promised to give all the proceeds of the CTPL insurance to her...?
Thank you very much for any advice....
He gave 25k to the victim's wife for funeral expenses and then promised the proceeds of his CTPL insurance as additional indemnity.
The insurance officer asked for a receipt of cash given to the victim's wife, and said that would be the basis of the insurance proceeds.
He said that 70k is only a ceiling, and not really the automatic amount of proceeds. We worry that if we give the 25k receipt, the insurance company will give only that amount.
There's this statement in the CTPL insurance policy: No. 5 or Conditions Applicable To All Sections: ......no admission, offer, promise or payment made by or on behalf of the insured without the written consent of the Insurance Company...
Does this mean that we cannot put this in the Affidavit of Desistance? ... That the victim's wife will no longer pursue any legal case because the driver promised to give all the proceeds of the CTPL insurance to her...?
Thank you very much for any advice....