Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

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farmpilot
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by farmpilot » Thu Feb 07, 2019 2:24 pm

Jack Welles wrote:
Thu Feb 07, 2019 2:10 pm
cage wrote:
Thu Feb 07, 2019 2:04 pm
farmpilot wrote:
Thu Feb 07, 2019 1:57 pm
You sure about that? I insure my business partner and he insures me.
Different concept, key man insurance is designed for that and it was done with your consent.
Could you walk out on the street and randomly take a policy out on anyone that passes by?
Correct. The law states that there must be an insurable interest. That's why key-man insurance works. If the insured person shuffles off this mortal coil it could cost money to replace him or her.

EDIT 1: people, assets and third party insurance are all different concepts with different legal rules applying, don't confuse one with 'tuther.
EDIT 2: if there is no insurable interest then it is "gambling".

Caveat: I am not an expert on Insurance Law so the above is AIUI.
I get it, but at the end of the day the club knew he was going across and had a signed deal, they should have had insurance in place. End of story. The fact he was on (probably) an illegal flight is not the clubs fault, unless they organized it. Insurance should have covered this event, I would have thought
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by cage » Thu Feb 07, 2019 2:29 pm

farmpilot wrote:
Thu Feb 07, 2019 2:24 pm
I get it, but at the end of the day the club knew he was going across and had a signed deal, they should have had insurance in place. End of story. The fact he was on (probably) an illegal flight is not the clubs fault, unless they organized it. Insurance should have covered this event, I would have thought
Any club which does deals of this value would be foolish to not be insured.
I would question why they would not want to pay the previous club, it's not like their policy would pay out if they believe he hadn't transferred, unless of course they either don't have cover or insurance intends to repudiate the claim.
For all we know there are caveats in the policy, much like there are in conventional life policies that do not cover aviation by default.
if they have found themselves in a spot of bother it would be worthwhile to fight for a settlement, given the money at stake.
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by farmpilot » Thu Feb 07, 2019 2:43 pm

cage wrote:
Thu Feb 07, 2019 2:29 pm
farmpilot wrote:
Thu Feb 07, 2019 2:24 pm
I get it, but at the end of the day the club knew he was going across and had a signed deal, they should have had insurance in place. End of story. The fact he was on (probably) an illegal flight is not the clubs fault, unless they organized it. Insurance should have covered this event, I would have thought
Any club which does deals of this value would be foolish to not be insured.
I would question why they would not want to pay the previous club, it's not like their policy would pay out if they believe he hadn't transferred, unless of course they either don't have cover or insurance intends to repudiate the claim.
For all we know there are caveats in the policy, much like there are in conventional life policies that do not cover aviation by default.
if they have found themselves in a spot of bother it would be worthwhile to fight for a settlement, given the money at stake.
100% Cage. Something really dirty happened here and unfortunately they got caught out.
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jimdavis
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by jimdavis » Fri Feb 08, 2019 5:24 am

I see they have identified the recovered body as the footballist.

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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by Jack Welles » Fri Feb 08, 2019 7:57 am

farmpilot wrote:
Thu Feb 07, 2019 2:43 pm
100% Cage. Something really dirty happened here and unfortunately they got caught out.
Some assumptions been made here. Always reckless when all the facts aren't known.

It's also very possible that the player was insured and the insurance company has taken charge of the situation and are checking that all the i's were dotted and the t's were crossed before they authorise payouts.
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farmpilot
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by farmpilot » Fri Feb 08, 2019 2:57 pm

Jack Welles wrote:
Fri Feb 08, 2019 7:57 am
farmpilot wrote:
Thu Feb 07, 2019 2:43 pm
100% Cage. Something really dirty happened here and unfortunately they got caught out.
Some assumptions been made here. Always reckless when all the facts aren't known.

Really? A PPL, on a commercial flight, at night, single engine, over water. These are not assumptions. I'd say that's pretty dirty.
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by Spoke Eagle » Fri Feb 08, 2019 3:10 pm

Footballist/Baller?
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by Wonko the Sane » Fri Feb 08, 2019 3:27 pm

Spoke Eagle wrote:
Fri Feb 08, 2019 3:10 pm
Footballist/Baller?
I also checked... it is correct but not used much in modern days...
Capture.JPG
W
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by jimdavis » Fri Feb 08, 2019 3:58 pm

Wonko the Sane wrote:
Fri Feb 08, 2019 3:27 pm
Spoke Eagle wrote:
Fri Feb 08, 2019 3:10 pm
Footballist/Baller?
I also checked... it is correct but not used much in modern days...
Capture.JPG

W
Ha ha ha, I am amazed to hear it is correct, it was meant to be a yoke. :lol: :lol: :lol:

And so was that!

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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by Mustang » Sat Feb 09, 2019 7:58 am

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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by paulw » Tue Feb 12, 2019 9:27 am

.
Don't believe what I post, research what I post....
They have a book on how to take my money away? When did this happen......
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Ray W
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Re: Piper Malibu, which went missing off Alderney in the Channel Islands had footballer Emiliano Sala on board

Unread post by Ray W » Tue Feb 12, 2019 9:32 am

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