What kind of company sells a dud like this to its customers?

By Peter Kell
Updated January 19 2018 - 3:03pm, first published 2:56pm

It is tempting to wonder why a person might pay more than $6000 for insurance cover that was capped at a maximum payout of $6000 - or why someone would buy an insurance policy under which they were never eligible to make a claim.

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