My friend recieved a settlement check from an insuance co. for a car accident he was involved in and accidently burned it (I'm not joking). Will the co reissue the check or not? The co. is in Ireland
2007-03-25 09:55:07 · 5 answers · asked by Anonymous in Business & Finance ➔ Insurance
Yes, he just has to call the adjuster and have them issue a stop payment on the old check, and when it goes through, they'll re-issue the check.
2007-03-25 11:11:48 · answer #1 · answered by Anonymous 7 · 0⤊ 0⤋
Yes the company will reissue the check. You can call your agent (or the claims handler) and tell them what happened to the check.
They should then stop payment on the old check and issue out a new one to your friend. Hopefully your friend won't manage to burn the next one :)
2007-03-25 12:57:09 · answer #2 · answered by Crighton 3 · 0⤊ 0⤋
There is no reason fro the Company not to. Until the cheque is cleared, they still have an outstanding file.It may well be prudent for your "friend" to request that the settlement cheque is paid electronically into their bank account. The Insurer concerned should be happy to do this and at the same time prevent any further "accidents" from happening.
2007-03-25 13:21:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes, they should be able to issue a replacement without a problem
There may be a delay whilst they check their records and put a stop on the original.
2007-03-25 10:06:12 · answer #4 · answered by Charlie Babbage 5 · 1⤊ 0⤋
I'm sure they will reissue it once they verify the check hasn't been cashed.
2007-03-25 15:52:21 · answer #5 · answered by bundysmom 6 · 0⤊ 0⤋