Fire Can Strike Twice

Fire often strikes the larger Policyholders more than once. Many have numerous situations of risk. Rarely does it strike small family businesses twice.

In February 1998 fire destroyed a manufacturer of perspex signs in Cheltenham, Victoria, Australia. A paper clip inadvertently passed through a paper shredding machine, became hot, igniting paper and spreading flames throughout the building.

Claims were progressively prepared and submitted allowing the financial tragedy to be resolved.

In December 2001 their business was again razed.

A diffuser in a fluorescent tube above a desk overheated overnight. Flames quickly spread to canite ceiling tiles and then throughout the building destroying the plant, machinery and contents replaced from the insurance proceeds paid in 1998 and 1999.

Despite enormous personal and financial misfortune the Policyholder remained positive and rebuilt their business again.

Fire can strike twice!

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Author

Published with permission of Claim Solutions Pty Ltd.

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Insurance Policy

Country: - Australia

Policy Description: - Commercial policies

Insurer: - Various

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External Links

 

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