Compensation payment sans policy
Source: Middle East Insurance Review | Sep 2017
Is an insurer obliged to pay compensation for third party damages even when no policy confirming insurance coverage or its terms, including limits, could be found? In a groundbreaking verdict, using extra-contractual evidence, the Israeli Supreme Court ruled that the insurer should pay compensation. Mr Yoran Gill of Yigal Arnon & Co dissects the case and the ruling and discusses the implications for future proceedings.
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