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Would insurance companies cover the lost of life and damage caused by The Snap?
- Thread starter Slayven
- Start date
OP
OP
Eh, I think it'd be really easy for them to pursue the Act of God route. "Not even the Avengers could prevent this from happening" is a very solid court statement.
Imagine trying to determine who gets the payout in a world where mad people just don't exist anymore
I wonder if the general population even know what happened. Do you think the remaining Avengers put out a PR statement like "A big purple guy snapped his fingers and killed half the universe using concepts-as-stones MacGuffins. Sorry"?
Your assuming things like government and businesses are still a thing after half the population disappeared
Not really. Most of the snapped would be countries like India, China, etc. because of their population levels. Only way it happens if by the roll of the dice all the competent people and enforcement agencies were snapped.
Half of their employees no longer need to be paid either! Half of all pension payouts gone, it's an American capitalists wet dream.
Insurance companies refuse payout in disasters because they claim it would bankrupt them. (Which is a lie and they should be arrested for even withholding payment or able to say shit that like). They offer a service and they are binded to pay it.
Man I wish every insurance company was the half of the population that was snapped.
Man I wish every insurance company was the half of the population that was snapped.
Insurance companies wouldnt exist anymore . A snap that wipes out half of humanity will also wipe out society as we know it.
That's literally like the plot of one character in The Leftovers.
https://en.wikipedia.org/wiki/The_Leftovers_(TV_series)
https://en.wikipedia.org/wiki/The_Leftovers_(TV_series)
You can learn that and more at ICDC College.
I'm gonna go with "Act of God": Denied
But something would be created similar to The Leftovers to handle such a situation. Although in reality in a world where half the population vanishes the world as we know it would have ended and I think insurance claims would be the least of our worries as the global economy crashes overnight and banks become defunct.
But something would be created similar to The Leftovers to handle such a situation. Although in reality in a world where half the population vanishes the world as we know it would have ended and I think insurance claims would be the least of our worries as the global economy crashes overnight and banks become defunct.
If only, he was all about the dispassionate random bullshit
Can you imagine the people going in to work after half of the people they know have died, to process insurance claims for your car that was in one of tens of thousands of pileups all around the world?
Under proximate cause, they might have to in some cases.
Like say at the end of infinity war when
It gets a little more difficult if there's policy waivers or endorsements against an event of this kind. But otherwise yeah, proximate cause.
Like say at the end of infinity war when
the helicopter crashes into the skyscraper before Nick Fury and Maria Hill die. If the owners or occupants of the skyscraper have cover against airborne vehicle impacts, then they'd be covered for the helicopter crashing into it, regardless of why the helicopter crashed
It gets a little more difficult if there's policy waivers or endorsements against an event of this kind. But otherwise yeah, proximate cause.
Is anyone outside of the Avengers even aware of Thanos and what he did? To the rest of the world wouldn't it be a huge mystery, and therefore quite possibly an act of god?
Probably the same thing would happen that happened after Sept 11 in terms of terrorism coverage. After that carriers started explicitly excluding acts of terrorism but since there was a need for this coverage the federal government stepped in and offered a backstop for carriers so that they could provide the coverage. The snap would not qualify as an act of terrorism, but after the first attack on new York Carriers would exclude loss caused by extraterrestrial beings since it is an uninsurable event. Given the attack on ny there would be a need for this coverage so the federal government in the US (and likely other countries) would offer a backstop so carriers could provide this coverage.
Not necessarily true. A flood is considered an act of God and there is coverage for this through the federal government. For these types of uninsurable events the federal government often times steps in
came to post this. I thought it was cool that this was a part of the story.