Capping 3rd party claims. Plans are afoot to limit 3rd party motor insurance claims to RM100k, inclusive of hospitalization, rehabilitation, pain, suffering, loss of income and future earnings. The ones who will decide on the damages are not judges but a conglomerate of insurance companies which will be drawn from a RM500m fund, contributed partly by the Government. An ouster clause prevents adjudication by the
courts.
Insurance : Capping 3rd Party Claims - 25/03/2010
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