Massallah pertaining to insurance

Question ID: 37794
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As salaam mu-alaikum
Hope you and trust you keeping well
Re: Insurance Payout
We had a robbery at our home about 2 months ago and items to the value of around R120 000.00 where stolen
The insurance policy we have on the home and its contents , paid us back an amount of R37 000.00
2…My annual premium for the Insurance on my 2 vehicles and household contents accumulate to R12 000.00 for the year 2011..This payment is due now in February
I want to know if I can use the money paid out to me from the robbery to pay this annual premium?
Please bear in mind that both cars are freehold and no monthly payments due on them when answering
The premiums are around ( Car 1 – R5000 / Car 2 R5000 / household contents R2000 ) for the year 2011

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Asked on September 3, 2011 6:30 pm
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Private answer
Yes
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Answered on September 3, 2011 6:30 pm