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An insurance company is responsible to pay a claim up to the limits of the policy regardless of when the claim occurred if it is turned in during the policy period effective dates
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∙ 14y ago
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How do you Make a sentence using discredit?
Your lawsuit will discredit the claims made by that clinic, their methods have no scientific basis.
What isRisk attaching basis versus loss occurring basis?
Risks attaching basisA basis under which reinsurance is provided for claims arising from policies commencing during the period to which the reinsurance relates. The insurer knows there is coverage during the whole policy period even if claims are only discovered or made later on.All claims from cedant underlying policies incepting during the period of the reinsurance contract are covered even if they occur after the expiration date of the reinsurance contract. Any claims from cedant underlying policies incepting outside the period of the reinsurance contract are not covered even if they occur during the period of the reinsurance contract.Losses occurring basisA Reinsurance treaty under which all claims occurring during the period of the contract, irrespective of when the underlying policies incepted, are covered. Any claims occurring after the contract expiration date are not covered. As opposed to claims-made or risks attaching contracts. Insurance coverage is provided for losses occurring in the defined period. This is the usual basis of cover for short tail business.
In what way is it advisable to process claims?
a monthly basis
After closing down a construction company.. do you need to continue to maintain liability insurance coverage for potential claims from the past?
The type of policy you have will determine if you need to keep coverage in place or not. There are occurrence forms, which cover situations that occur during the policy period, and there are claims made policies, which cover claims that are made during the policy period. Claims made policies may cover situations that happened before your policy started. Either way, there is a statute of limitations on how long someone has to make a claim against you. This statute varies from state to state, it is recommended that you check with the department of insurance. Usually it is 1 to 2 years.
When did Verrazano laid basis for French claims in North America?
no one knows
What man's voyage was used in England as the basis for its claims to North America?
Henry Hudson.
What is the basis on which the subdivisions of the geological time scale are made for?
what is the basis on which subdivisions are made
Voyages of Samuel de Champlain became the basis of french claims to much of what?
much of canada
What process of assessing claims and making judgments on the basis of well supported evidence?
Critical thinking is the process of assessing claims and making judgments based on well-supported evidence. This involves analyzing information, questioning assumptions, evaluating sources, and forming logical conclusions. It is an important skill for making informed decisions and navigating complex situations effectively.
Does homeowners insurance cover hospital from a car accident?
No, Homeowners insurance is for the house. it does not cover cars or car accident claims.
The ability of willingness to asses claims and to make judgment on the basis of objective and support reasons?
The Answer is " Critical Thinking"
What claims is Jefferson making on the basis that king George's government has not fulfilled the purpose of government?
my massive willy
