Centriq Insurance Company Limited v Oosthuizen and Another (237/2018) [2019] ZASCA 11 (14 March 2019)
Monday, 08 April 2019
SUMMARY This is an appeal by Centriq Insurance (Centriq) against a ruling holding it liable to its insured member, a financial advisor (Mr Castro), under a professional indemnity policy. Mr Castro advised Mrs Marisa Vogel Oosthuizen (the Respondent), who is a widow, to invest the proceeds of her deceased husband’s policy in an amount
- Published in 2019, Insurance Law, News
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Misrepresentation in Insurance
Tuesday, 02 April 2019
Introduction This article deals with the topic of misrepresentations in the insurance industry and explores instances where insurers can repudiate insurance policies. Good Faith in Insurance Policies In the case of Mutual & federal Insurance Co Ltd v Oudtshoorn Municipality (1985) (1) SA 419 (A), the courtheld that all contracts are subject to good faith
