N.N. EST METALS COMPANY LTD vs. HOLLARD INSURANCE CO. LTD [2018]DLHC3295

Date	2018-11-26
Suit No.	SUIT NO. CM/INS/0488/2016
Citation No.	[2018]DLHC3295

ERIC K. BAFFOUR ESQ. JUSTICE OF THE HIGH COURT

[2018]DLHC3295
																																						<div class="restriction-wrapper">
														<div class="container-lg">
															<div class="row">
																<div class="col-md-12 restricted-content">
																	<div class="restricted-content-img-wrapper">
																		<div class="lock-icon bounce-7">
																			<img class=""
																				src="https://www.dennislawgh.com/dl-assets/dl-images/lock-content.png"
																				alt="Subscription based content">
																		</div>
																	</div>
																	 
																		<a href="https://www.dennislawgh.com/login"
																		class="btn btn-primary btn-lg"
																		style="font-family: 'open sans'; text-transform: capitalize; border-radius: 8px"> 
																		Login to Read Full Case </a>
																	 
																	
																</div>
															</div>
														</div>
													</div>
													<main id="main" class="content" style="min-height: 60rem" >N.N. EST METALS COMPANY LTD<o:p></o:p>vs.<o:p></o:p>HOLLARD INSURANCE CO. LTD<o:p></o:p>[HIGH COURT (COMMERCIAL
DIVISION), ACCRA]<o:p></o:p><o:p>&nbsp;</o:p>SUIT NO.
CM/INS/0488/2016&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 26TH
NOVEMBER, 2018<o:p></o:p><div style="mso-element:para-border-div;border-top:solid windowtext 1.5pt;
border-left:none;border-bottom:solid windowtext 1.5pt;border-right:none;
padding:1.0pt 0in 1.0pt 0in">

<p class="MsoNormal" style="text-align:justify;line-height:115%;border:none;
mso-border-top-alt:solid windowtext 1.5pt;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0in;mso-padding-alt:1.0pt 0in 1.0pt 0in">COUNSEL:<o:p></o:p>

</div>CORAM:<o:p></o:p>ERIC K. BAFFOUR, ESQ. JUSTICE OF THE HIGH COURT<o:p></o:p><div style="mso-element:para-border-div;border-top:solid windowtext 1.5pt;
border-left:none;border-bottom:solid windowtext 1.5pt;border-right:none;
padding:1.0pt 0in 1.0pt 0in">

<p class="MsoNormal" align="center" style="text-align:center;line-height:115%;
border:none;mso-border-top-alt:solid windowtext 1.5pt;mso-border-bottom-alt:
solid windowtext 1.5pt;padding:0in;mso-padding-alt:1.0pt 0in 1.0pt 0in">JUDGEMENT<o:p></o:p>

</div>Plaintiff claim against the Defendant in the writ of
summons the following:<o:p></o:p><o:p>&nbsp;</o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
mso-ansi-language:EN-US">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
An order directed
at the Defendant to pay to the Plaintiff the revised total sum insured for the
policy No C/1001/1007/009999/11/25 being the total sum of Gh¢341.500.<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
mso-ansi-language:EN-US">ii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Special damages for
the cost incurred by the Plaintiff on account of the breach of the said policy
by the Defendant or alternatively general damages for breach of the policy.<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
mso-ansi-language:EN-US">iii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interest on the
said amounts in (i) and (ii) above from the 4th day of June, 2015
till date of final payment<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
mso-ansi-language:EN-US">iv.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Costs of this legal
action.<o:p></o:p><o:p>&nbsp;</o:p>Plaintiff situate its claim based on an insurance
policy for an all risk cover where it notes that in consideration of a premium
of Gh¢882.22 paid from November 2014 till the 6th of November, 2015,
insured with the Defendant all its items that might be damaged from accidental
destruction. To Plaintiff the items insured and specified in the policy was
revised to an amount of Gh¢341,500 and so was the premium payable. That due to
the notorious flooding of Accra on the 3rd of June, 2015, its
properties were damaged in the said flooding and duly notified Defendant of the
occurrence of the event which entitled it to claim indemnity whereupon
Defendant dispatched its officers to the premises of Plaintiff to assess the
extent of damage. <o:p></o:p><o:p>&nbsp;</o:p>Defendant according to Plaintiff was further provided
with documents on the damaged property but has not shown good faith by refusing
to pay Plaintiff the insured value of the property damaged. Plaintiff avers
that Defendant demanded for more documents when its lawyers wrote to Defendant
and this to Plaintiff was a delay tactics adopted by Defendant from settling
its debt. Plaintiff then proceeded to particularize its loss in terms of
machinery that needed replacement and whose non replacement caused Gh¢12,200
daily loss, payment of Gh¢320,000 to its workers for no work done as the
machines were not replaced and the payment of Gh¢39,250 for replacement of
furniture. And the issuance of a cheque with the value of Gh¢27,000 was far
below the value of what it expected. And having breached the terms of the
insurance contract seeks the reliefs stated on the endorsement on the writ.<o:p></o:p><o:p>&nbsp;</o:p>Defendant has denied being in breach of the terms of the
insurance policy as the policy covered only specified items listed in the
schedule to the policy. And to Defendant not all the insured property of the
Plaintiff was damaged or affected by the flood as the machines that were
damaged and covered by the insurance policy were a spectro machine and office
furniture. To Defenda</main>