Topic: Business insurance

Bob of Bob’s Builders submitted a claim to his insurer for the cost of replacing some cladding that was damaged by a paint-stripping company who worked on an apartment block Bob’s team was constructing. The insurer declined Bob’s claim because the damage was due to faulty workmanship – was this decision correct?

When Marie’s insurer did not renew her policy she was left uninsured for claims arising from events occurring while the policy was in place.

Mirae didn’t declare her previous convictions when taking out insurance. When she needed to make a claim, it was declined, and her policy voided.

James was a victim of fraud, but his insurer relies on a questionable exclusion clause to decline the claim. Does the exclusion apply?