How a sick day cost a man $370K: Insurance broker is caught out after claiming he had a bad back - and then going on luxury holidays to Hawaii and buying two Mercedes Peter Taylor, of Dunedin, New Zealand was ordered to repay Asteron insurance He claimed he suffered from cancer, severe back pain, and other issues in 2010 Taylor was granted him income protection with disability payouts for four years Court heard he bought a holiday home and was still earning a separate income Do you know more? Email [email protected]
By Karen Ruiz For Daily Mail Australia
Published: 07:37 BST, 15 May 2019 | Updated: 07:37 BST, 15 May 2019
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An insurance broker who claimed he was too sick to work has been hit with $370,000 in reimbursement fees after he was caught living a lavish lifestyle.
Peter Taylor, from Dunedin, New Zealand filed for income protection with Asteron Life in 2010 claiming he suffered from bone cancer, severe back pain, a radiation burn, among other health issues.
At the time, Taylor was a self-employed insurance broker and was seeking disability payouts alleging he was too ill to continue working, the New Zealand Herald reported.
His insurance policy allowed him benefits only if he worked no more than ten hours a week.
