In this article we outline the position in relation to Great Lakes -v- Western Trading (2016) and the Sartex Quilts & Textiles -v- Endurance Corporate Capital is referred to in the Insurance Times. We outline how the insured’s intentions are paramount and how in reality “payouts” are controlled and dictated by the terms of the Policy conditions, more particularly the Reinstatement Memorandum.
For full details of the article please contact Alan FitzGerald.