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    dizziebluds's Avatar
    dizziebluds Posts: 1, Reputation: 1
    New Member
     
    #1

    Jan 5, 2009, 10:46 PM
    Personal injury and stock claim
    A gas explosion damaged a building and much of the stock you have is burnt. The insurance which was taken out for the stock was on your name but the building was taken out by someonelso. What shall I do
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Jan 6, 2009, 05:03 AM
    Hello diz:

    The PAPER certificates aren't stock. They only represent stock. The companies you own have records of it, so you can get your certificates replaced. I don't think insurance has any thing to do with your stock...

    excon
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #3

    Jan 6, 2009, 05:31 AM

    Can you please explain, when you say stock do you mean inventory, items in the store.

    Also was it a owned or rented building

    What caused the incident

    Who was hurt, employee or customer
    ** employees would be covered under workers comp. Owners would have had to have a rider for medical payments
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
    Ultra Member
     
    #4

    Jan 6, 2009, 06:09 AM

    Sounds a lot like a homework question, no?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #5

    Jan 6, 2009, 06:33 AM
    Hello again:

    Good catch, both of you. Actually, stock could refer to the stuff I've got in my refrigerator.

    excon

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