And almost all exclude acts of war. I expect most or all of the
underwriters of policies will refuse payment (insurance companies are famous
for using any excuse), and will then be sued for benefits. The argument
will be that no declaration of war was in existence. The outcome remains to
be seen...
-----Original Message-----
From: Johnson, Tracy [mailto:[log in to unmask]]
Sent: Thursday, September 13, 2001 9:41 AM
To: [log in to unmask]
Subject: Insurance Clauses [was:RE: OT: Tribute to United States]
That makes me wonder. Some life insurance policies have
exemptions for acts of terrorism (or since the 1950's,
nuclear explosions.) I wonder if any of the survivors
will lose out on life-insurance benefits because of these
clauses?
Tracy Johnson
MSI Schaevitz Sensors
>-----Original Message-----
>From: Cynthia Fowler [mailto:[log in to unmask]]
>
>One of our local Kansas City TV stations had a mini-telethon
>last night. In 6 hours, people in the viewing area donated
>over $525,000 to be given to the American Red Cross to benefit
>the families of victims in the tragedies this week.
>Professional athletes, businesses and individuals alike
>contributed. One of the local news anchors challenged the
>viewers to raise $500,000 and they exceeded that
>...contributions are still coming in! If every large
>metropolitan area did this, just imagine! It makes me proud to
>be an American.
>
>Cynthia Bridges-Fowler
>IMC Salt, Inc., a division of IMC Global
>[log in to unmask] http://www.imcsalt.com
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