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"Thomas Cook only took out insurance for the very largest personal injury claims. For agreed claims below this figure, up to a high aggregate amount, they decided to self-insure through a provision in their accounts. As Thomas Cook has entered into liquidation without ensuring any protection for pending claims, the vast majority of claimants who are not covered by the insurance - including customers who have suffered very serious injuries and loss of life -will be treated as unsecured creditors"

@ben honestly unsure on the legality of self insurance. Feel anything I think I know is based on literally nothing at all.

It.... feels wrong.... At least not to have it underwritten for this eventuality.

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Brain Vomit

Stream of inane drivel.
Some legacy microblogging.
Carrying bags of sand and what have you.