Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 17, 2020 11:45:43 GMT
Sounds to me the insurance companies are lobbying the Tories with this announcement. Disgraceful industry tbh. I’d love to see some evidence for this latest conspiracy theory.
|
|
|
Post by Gassy on Mar 17, 2020 11:58:28 GMT
Sounds to me the insurance companies are lobbying the Tories with this announcement. Disgraceful industry tbh. I’d love to see some evidence for this latest conspiracy theory. Lord alive, have a day off 😂😂😂
|
|
|
Post by blueridge on Mar 17, 2020 12:03:04 GMT
This season is effectively written off. I would suggest the Premiership & EFL nominate 92 people (not known to each other) with no one having more than one formal affiliation to any club and each of them independently determining electronically their view on each match result between now and the end of the season and then collectively the final points tally for each club will be determined/audited by a separate panel.
|
|
|
Post by Gassy on Mar 17, 2020 12:15:42 GMT
This season is effectively written off. I would suggest the Premiership & EFL nominate 92 people (not known to each other) with no one having more than one formal affiliation to any club and each of them independently determining electronically their view on each match result between now and the end of the season and then collectively the final points tally for each club will be determined/audited by a separate panel. If we used Ben for this, I'm pretty sure we'd be making a last minute dash for the play offs! Tbh I think it's best to just end the season as the table sits now with no play offs and 3rd place goes up.
|
|
|
Post by Gassy on Mar 17, 2020 12:40:26 GMT
UEFA confirm Euro's delayed until 2021 and competitions/leagues to be played in the summer if possible
|
|
|
Post by gasheadontour on Mar 17, 2020 13:32:27 GMT
Sounds to me the insurance companies are lobbying the Tories with this announcement. Disgraceful industry tbh. I’d love to see some evidence for this latest conspiracy theory.
The government is advising people not to visit pubs etc. rather than saying they should be closed - which means businesses unable to make claims.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 17, 2020 13:41:49 GMT
I’d love to see some evidence for this latest conspiracy theory.
The government is advising people not to visit pubs etc. rather than saying they should be closed - which means businesses unable to make claims. I presume you will be posting again when you can confirm the government announcement was made following discussion with, and under pressure from, the ABI? A genuine question. Employers will be insured against all sorts of things like public liability, accidental damage, building and content insurance, staff sickness and life cover etc, etc...how many will have a Policy that protects from a loss of income caused by a pandemic? I’ve never owned a business and don’t work in that particular area of insurance so have no idea. There must be plenty on here who run their own businesses who could shed some light on this?
|
|
|
Post by Gassy on Mar 17, 2020 14:11:41 GMT
So argumentative 😂
|
|
|
Post by lastminutewinner on Mar 17, 2020 14:13:20 GMT
True, but insurance companies by their nature to survive are all too willing to take everybody's premiums, but very much less willing to fork out themselves. Don't get me wrong, I'd be the same if I worked in insurance, it's their whole business model. I just hate it! We have obligations to pay for insurance on everything, but when push comes to shove they often find ways of weasling themselves out of paying out. Sorry but that is just garbage. As an example the area of insurance that I work in pays approximately 96/97% of claims. Claims that do get rejected can be referred to the Ombudsman and they take a very pro consumer approach and will try really hard to find a reason to make a judgement against the insurer. Everyone moans about the cost of premiums but then expects 100% of claims to be paid. Not sure that model would work for too long.
Most of the "insurance companies are trying to get out of paying" BS is due to the policyholders not reading their policy documents properly and expecting cover for absolutely everything.
If its covered, its covered. If its not, its not. Quite simple really
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 17, 2020 14:24:03 GMT
Sorry but that is just garbage. As an example the area of insurance that I work in pays approximately 96/97% of claims. Claims that do get rejected can be referred to the Ombudsman and they take a very pro consumer approach and will try really hard to find a reason to make a judgement against the insurer. Everyone moans about the cost of premiums but then expects 100% of claims to be paid. Not sure that model would work for too long.
Most of the "insurance companies are trying to get out of paying" BS is due to the policyholders not reading their policy documents properly and expecting cover for absolutely everything.
If its covered, its covered. If its not, its not. Quite simple really
Exactly. Genuine claims get paid, events that are not covered don’t get paid and insurers have a responsibility to all their other policyholders and premium payers to investigate claims that could be false or fraudulent. I used to deal with critical illness claims. Most were paid and did exactly what they said on the tin as applicants have answered all the required underwriting questions honestly. Occasionally you would get a claim made for cancer for example but during the assessment it becomes obvious the individual had symptoms or previous incidence in the past but deliberately didn’t disclose this before the cover started. You then get a lot of noise about ‘Insurance Company X’ didn’t pay out even though I have cancer and the public make a judgement based on that - at the same time wanting cheap premiums for their own policies! Not sure how this has turned into an insurance company thread so and I’ve not helped that so will try and finish up now! Please can we have football back 🙏
|
|
|
Post by lastminutewinner on Mar 17, 2020 14:41:51 GMT
Most of the "insurance companies are trying to get out of paying" BS is due to the policyholders not reading their policy documents properly and expecting cover for absolutely everything.
If its covered, its covered. If its not, its not. Quite simple really
Exactly. Genuine claims get paid, events that are not covered don’t get paid and insurers have a responsibility to all their other policyholders and premium payers to investigate claims that could be false or fraudulent. I used to deal with critical illness claims. Most were paid and did exactly what they said on the tin as applicants have answered all the required underwriting questions honestly. Occasionally you would get a claim made for cancer for example but during the assessment it becomes obvious the individual had symptoms or previous incidence in the past but deliberately didn’t disclose this before the cover started. You then get a lot of noise about ‘Insurance Company X’ didn’t pay out even though I have cancer and the public make a judgement based on that - at the same time wanting cheap premiums for their own policies! Not sure how this has turned into an insurance company thread so and I’ve not helped that so will try and finish up now! Please can we have football back 🙏
Well said. Brokers don't help at all though as they would say anything to get a sale!! I'll finish there too as I could go on all day.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 17, 2020 14:42:29 GMT
Football behind closed doors never in this world,just scrap the season and let’s see how All this pans out. And we’ll then be waiting on dozens of multi million pound lawsuits which will hold up the start of the following season. The current domestic season with a small amount of games left to play must get completed no matter how much of a delay. If that means playing behind closed doors for a while so be it. Can’t see this season being completed,lawsuits like who and for what? So football is more important than People’s well being? Delay this season and it snowballs on to following seasons being delayed.Who knows when this will end can you tell me Eric?
|
|
|
Post by Gassy on Mar 17, 2020 14:56:32 GMT
Lol yeah big insurance companies are the innocent ones here.
Just like big pharma, banks and stock markets.
|
|
|
Post by Kingswood Polak on Mar 17, 2020 15:11:29 GMT
Lol yeah big insurance companies are the innocent ones here. Just like big pharma, banks and stock markets. Not even a bald comparison. You have much more choice of insurance and cover whereas big pharma can hold a new drugs license for many years, before generics are even allowed. If a pharmaceutical company find a vaccine,do you think they will give it away, due to feelings of being altruism ? Insurance, you have choice and many cut corners as these things will, most likely not happen to them.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 17, 2020 15:13:02 GMT
And we’ll then be waiting on dozens of multi million pound lawsuits which will hold up the start of the following season. The current domestic season with a small amount of games left to play must get completed no matter how much of a delay. If that means playing behind closed doors for a while so be it. Can’t see this season being completed,lawsuits like who and for what? So football is more important than People’s well being? Delay this season and it snowballs on to following seasons being delayed.Who knows when this will end can you tell me Eric? Leicester City sit in a Champions League place, void the season and will they miss out on a spot in the next seasons competition and cost them tens of millions - if that occurs I’m sure they take legal action to claim compensation. They will argue the season should have been completed, regardless of the delay and presumably nothing in the Premier League constitution to back up a decision to void a season. If the season is deemed to end now and the current top four qualify for a Champions League spot every team with a mathematical chance of getting into the top four will also take legal action for the windfall they will be missing. Then you have the Championship. If no teams are promoted to the Prem you will have possibly the top 8,9 or 10 teams suing for the potential loss of hundreds of millions they could have lost out on. Knock on effect for each division, albeit for smaller sums. It is not unprecedented for multi million pound legal cases to be brought when a team feels they have wrongly been denied a position in a league or cup. How much did West Ham have to pay Sheffield United in an out of court settlement to fend off a lengthy court case?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 17, 2020 15:15:18 GMT
Lol yeah big insurance companies are the innocent ones here. Just like big pharma, banks and stock markets. I still haven’t seen any evidence to support an assertion that the government is making it recommendations based on pressure from insurance companies.
|
|
|
Post by station on Mar 17, 2020 15:21:55 GMT
Null Void the whole season and start again - whenever that might ever be
Lets be honest we have more important things to worry about.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 17, 2020 15:26:42 GMT
Can’t see this season being completed,lawsuits like who and for what? So football is more important than People’s well being? Delay this season and it snowballs on to following seasons being delayed.Who knows when this will end can you tell me Eric? Leicester City sit in a Champions League place, void the season and will they miss out on a spot in the next seasons competition and cost them tens of millions - if that occurs I’m sure they take legal action to claim compensation. They will argue the season should have been completed, regardless of the delay and presumably nothing in the Premier League constitution to back up a decision to void a season. If the season is deemed to end now and the current top four qualify for a Champions League spot every team with a mathematical chance of getting into the top four will also take legal action for the windfall they will be missing. Then you have the Championship. If no teams are promoted to the Prem you will have possibly the top 8,9 or 10 teams suing for the potential loss of hundreds of millions they could have lost out on. Knock on effect for each division, albeit for smaller sums. It is not unprecedented for multi million pound legal cases to be brought when a team feels they have wrongly been denied a position in a league or cup. How much did West Ham have to pay Sheffield United in an out of court settlement to fend off a lengthy court case? This is totally different to anything we’ve had can’t see it happening,surely one life is worth more than all those millions. This is no ones fault,so tell me if the leagues start playing again October the season ends end of November,players contracts ended June,sponsorships,etc,etc,etc ends what a mess. Englands games postponed already,Euro’s postponed already
|
|
|
Post by Gassy on Mar 17, 2020 15:56:28 GMT
Lol yeah big insurance companies are the innocent ones here. Just like big pharma, banks and stock markets. I still haven’t seen any evidence to support an assertion that the government is making it recommendations based on pressure from insurance companies. Aww Eric, you're hilarious! You take things very literally, eric. And it's impressive how many posts you don't and/or can't read properly. I said it 'sounds like', not it is. Do learn the difference. I won't be bullied into comments from you. Ciao.
|
|
|
Post by Gassy on Mar 17, 2020 16:04:31 GMT
Lol yeah big insurance companies are the innocent ones here. Just like big pharma, banks and stock markets. Not even a bald comparison. You have much more choice of insurance and cover whereas big pharma can hold a new drugs license for many years, before generous are even allowed. If a pharmaceutical company find a vaccine,do you think they will give it away, due to feelings of being altruistic ? Insurance, you have choice and many cut corners as these things will, most likely not happen to them. Many years? A patent lasts 20 years, just like any other patent of any other industry. A pharma company files for that patent as soon as the molecule is discovered, so they then have 20 years in hope that it develops into something useful. R&D take about 12-13 years roughly so they only have 7 years to sell the product, in which the average spend on a drug is $ 2 billion. So yeah, considering the spend I wouldn't expect a pharma company to share the profits until they're forced to. It's the money from that that is used to fund other novel treatments. Big pharma aren't innocent in the slightest, but they're just as bad as insurance, banks and stock markets. At least in pharmaceuticals most of the workers in the industry want to help people, in insurance they're there to screw people.
|
|