----- Original Message ----- From: "John Forbes" Subject: Re: OT:Parcel delivery.
> Insurance isn't free. Their insurance only covers the replacement cost > because they are paying a premium. The premium is based on claims > experience, and it will cover not just the full cost of all expected > claims, but also the admin cost and profits. > > It's a complete fallacy to think that "insurance pays". And in who's world does a company not carry liability insurance as standard procedure? They are paying for it, whether or not they make claims. It's a complete fallacy to think that companies don't take use of liability insurance into account when they are setting up their business plan. Otherwise, why have it in the first place. William Robb
