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 Posted: Sat Oct 24, 2009 5:49 am Post subject: Bad Faith Insurance |
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Just wanna know more about Bad Faith insurance.
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Whistler-in-the-wind
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| Posted: Sat Oct 24, 2009 7:01 am Post subject: |
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I see three types of practices that can be termed as 'bad faith practices' by the insurers.
Insurance companies may either delay paying for the claims, deny paying them or may opt for illegal discounting. If your insurer breaches the good faith covenant, he might be sued for damages that are punitive as well as real and consequential. Roddick |
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roddick
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| Posted: Thu Oct 29, 2009 12:12 pm Post subject: |
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| Insurance companies may either delay paying for the claims, deny paying them or may opt for illegal discounting(link removed by lori) |
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pavan
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| Posted: Thu Nov 19, 2009 9:54 pm Post subject: |
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Whistler - are you talking about bad faith by the insurer, or insurance against acts of bad faith against you by employees of your business?
I know that sort of cover as Fidelity Guarantee. Provides cover against theft, embezzelement or other inappropriate activity by employees /partners whhich has an adverseeffect on the business.
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heidrek
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| Posted: Fri Nov 20, 2009 11:36 am Post subject: |
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There is no bad faith "insurance"... The OP is either wanting to know about bad faith committed by an insurer, (and how much you can get for that  )..which is WAY too broad a subject without more information...or maybe wondering about an E & O policy which still would'nt cover bad faith.
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Lori
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