if a person doesn't believe in a GOD, can an insurance company not pay out due to an Act of God?
2007-07-23 00:01:29 · 10 answers · asked by bluecow 5 in Business & Finance ➔ Insurance
An act of God is something dreamed up by the Insurance companies as a cop-out clause when things look bad for them. In other words, their gamble that there will not be a second flood proves incorrect. "Sorry, we don't pay out on acts of God...etc".
Okay, let's just follow this act of God notion to it's source. If they, the insurance companies, believe in God, then they themselves are the result of an act of God. God the Creator of all things.
Therefore, it follows that if they are also an act of God, we don't believe in them! No sir we do not. And we do not insure with them, no sir!
Insurance companies have got to be taught a big powerful lesson and one which UK.gov is about to bash them over the head with. Where flooding occurs or is likely to occur and which is a common occurrence here in UK, the insurance companies must and will pay out.
2007-07-23 00:36:13 · answer #1 · answered by Dragoner 4 · 2⤊ 3⤋
Up until the 1960s, insurance companies could avoid paying claims if the cause was an act of God. That's no longer the case - they can only wriggle out of the claim if the circumstances are clearly excluded by the policy.
Some people believe that everything is an act of God. If that's the case, insuring against it is blasphemy.
2007-07-23 07:08:44 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I have worked in insurance for 25 years and have never yet had an insurance company refuse to pay out due to 'Act of God'.
If the stipulated event occurs they pay out. If the loss is due to an event that is not covered they won't. But events like fire/ lightning/ flood/ storm/ tempest (which would presumably be called Acts of God) are definitely mentioned as being covered.
2007-07-23 10:26:30 · answer #3 · answered by welcome news 6 · 2⤊ 0⤋
'Act of God' is a legal term, it is not a term that is used in insurance. Perils that are insured against or excluded are specified in the policy wordings. An insurer can only deny a claim based on the policy wordings
2007-07-24 13:01:35 · answer #4 · answered by Gambit 7 · 0⤊ 0⤋
I think it is more likely that the insurance company doesn't believe you.
2007-07-24 13:15:19 · answer #5 · answered by Phil 5 · 0⤊ 0⤋
The phrase no longer appears in insurance policies.
2007-07-23 07:15:07 · answer #6 · answered by Anonymous · 0⤊ 0⤋
It doesn't depend on what you believe it is what the law considers an act of god. Really it should be referred to as "Not an act of man" e.g hurricane, lightening, flood etc.
2007-07-24 21:02:21 · answer #7 · answered by J 4 · 0⤊ 0⤋
As many have said.... it's no longer a relevant question, since 99.9% of policies have very clear policy language that explains what is and what is not covered. "Act of god" no longer appears in that wording....oh and BTW that wording, IS your legal contract.
2007-07-23 17:45:32 · answer #8 · answered by Insurance MAN 2 · 0⤊ 0⤋
Yes. If a loss is not covered under the terms of the policy, you won't get paid.
2007-07-23 07:04:54 · answer #9 · answered by regerugged 7 · 2⤊ 0⤋
lmao!
I suppose aslong as the insurance company "beleive" then others beleiefs dont matter theyre the ones with the cash to dosh out!
2007-07-23 07:05:06 · answer #10 · answered by Anonymous · 1⤊ 2⤋