Ferrari case: Family's lawyers criticise insurer
They say circumstances qualify crash as accident, not collision as claimed
Published on Sep 20, 2012 11:41 AM
Lawyers for the family of the Ferrari owner who died in the May crash have criticised the insurer's move to reject claims made under the vehicle's policy.
They argued, in court papers filed on Tuesday, that the circumstances of the crash would qualify the case as an accident and not a collision.
AXA Insurance Singapore had given notice to the family of driver Ma Chi that it regards the incident as a collision.
In the May 12 crash, Mr Ma, 31, is said to have run a red light along Victoria Street. His car hit a taxi which then hit a motorcycle. The cabby and his passenger - a Japanese woman - died while two others were injured.
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AXA Insurance Singapore had given notice to the family of driver Ma Chi that it regards the incident as a collision... AXA's notice also stated that any payouts it makes to third parties for damages under the law will be billed to the Ma estate.