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Thank you LH - appreciated.
A compensation scheme is perfectly feasible (there may be one already) but if benefits of up to c £6M (which are necessary to fully fund catastrophic injuries of the type Freddie suffered) are envisaged it would be VERY expensive. Also trying to effect one immediately after the Tylicki/Gibbons case may not be the most propitious time to convince an underwriter! Also needs to be recognised that it's a no fault scheme so claims are more likely than in a civil case where it's necessary to demonstrate breach of duty/negligence. Premiums would be funded by jockeys out of riding fees - inevitably this will lead to demands for increased riding fees to offset.... |