When tragedy strikes, can GoFundMe campaigns cause more harm than good?
Recently an insurer argued that gifts via GoFundMe meant they shouldn’t have to pay out on an insurance claim at all.
Before considering creating fundraising campaigns such as GoFundMe, it is important to determine whether there is an insured loss, and attempt to claim your insurance first to avoid double dipping. If you ensure that the funds raised relate to uninsured losses you will be in the clear. Get the insurers to have the house rebuilt and raise money for a holiday!
In this radio interview with Hamish Finlay, our Partner Alex Martin explains some of the legal risks and implications that individuals run into when benefiting from online fundraising platforms.