Am I being stupid but has volcanic ash never appeared in our skies before now? It seems odd that this issue hasn't been raised before. Also, are you likely to get some volcano insurance for the future?
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Am I being stupid but has volcanic ash never appeared in our skies before now? It seems odd that this issue hasn't been raised before. Also, are you likely to get some volcano insurance for the future?
Been pulled, guess you meanQuote:
Originally Posted by Lee @ SCAN
http://www.youtube.com/watch?v=vR4XifXO0Ho
Would volcano insurance not come under an act of god?
In this case everyone suffers I don't see why the insurance should cover the whole cost, since technically it is not included in the premium paid. Although it is harsh not to at least give some payout.
Personal (moral) opinion: insurance payout perhaps 25%.
Personal (financial) opinion: no payout (AVIVA 12:30PM : 378.50p Down 8.50p (2.20%))
I suspect that even if the insurance policy excludes such natural disasters, the regulators will find a way to bend around that.
Back to topic. If the last time it erupted is before you're even born, the chance of it striking (short-term aside) again in your lifetime is almost nil. So there is really no point in insuring it.
I wouldn't know as I'm on restricted web access at work.Quote:
Originally Posted by finlay666
If it's Mr Griffin and his volcano insurance then it's sorted :D
i seen that joke more times now than the same guy in a certain embasy
Stupid - not my place to say. The UK isn't the only country on earth though.Quote:
Originally Posted by kevdale
It has been raised before, many times that's why there are VAACs around the globe.
But only after he bought all the handsome cream :)Quote:
Originally Posted by Lee @ SCAN