Saturday, March 23, 2013

Lockington's Everyday Fiji ... Life Goes On

                                Third Party Insurance

A report says that a women has been granted more compensation will receive $1000,000. She was hit by a bus in 2006 and six years later she is getting compensation. I suppose this could be the third party insurance. What about the six years the woman suffered having to leave school and maybe unable to get employment? Isn’t it funny that when one registers a vehicle one of the most important things is the third party insurance and it must be up to date. Yet when a person is bumped it takes so long to settle the case. How much money have the third party insurance people made over all the years when there are no accidents. I bet they make millions, but they challenge causes of accidents and victims when its time to pay out.

 Its time to regulate the third party insurance companies.

Allen Lockington is a self-employed customs agent and business consultant who has regular articles published in Fiji. I thank Allen for permission to reprint some of them in this political blog. They remind us that life goes on, whatever the political situation. And it's good to know that.

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