Insurance
insurer seeks court order for victim’s medical records
By Patrick Lim  •  October 20, 2011
taiping insurance (singapore) applied to the high court on monday for access to the late mr pitchai rajendran's medical records as it seeks to investigate the victim's death from an industrial accident. this is after taiping insurance (singapore) has been ordered to pay more than $110,000 in compensation to the victim's family. mr rajendran, a ship maintenance worker was in a gondola that fell to the ground while washing a ship with a high-pressure water jet and suffered fractured ribs, liver lacerations and an open wound on his thigh. prior to mr ragendran's discharge from the nuh after treatment, he developed complications and died. my comments: taiping insurance's probe into mr rajendran's death is not something that's unusual and forms part and parcel of any insurer's due dilligence procedures before settling payouts. and with reference to this, an insurance contract is perhaps unique based on the principles of insurabilty and ......
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By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.
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