LinYu SG ST 15 April 2007 If you take out a policy on personal item but don't wear or carry it, insurer may not cover its losses. Bussiness Frank Fung had his Rolex watch stolen two years ago when theives broke open the safe in his office. but up until now, his insurance company had refuse to pay up arguing that because he insured the watch as a "personal belonging", he had to wear or carry it at all time it was loss. so the next time if you see somebody wearing a flower vase or carrying a sword walking around, you know that those are insured personal belonging
LinYu SG when you are a chio bu but does nothing in your office and your male boss thinks that you ar an excellent worker ?
Ah Cek SG how many of us really read word by word on the policy neh? esp those ver very small fine printsā¦
FireIce SG me. i wun put my signature there unless i know bery well wat im signing for. another reason is zhi ye bing......have to read EVERY word on the document im holding.........
Hogzilla SG Then can the boss label a worker as a personal item and buy an insurance for him/her? Then when the worker die liao, how will the boss be compensated?
Xcert SG I do..but like FI said...sometimes...insurance companies very yim jim. Fang2 Bu4 Sheng4 Fang2.
the Bear SG like that, my tv is also a personal belonging, kena stolen cannot claim?? how to wear tv?
the Bear SG orh.. like that if i buy insurance on a crapload of jewellery which is all mine, i have to look like a pimp to be covered
FireIce SG no matter how dumb the terms and conditions, read every damn farking word!!! and whenever in doubt, ASK! financial advisors kamlan one ah