The article examines what constitutes a "claim" under a claims-made Directors' and Officers' ("D&O") liability policy that offers protection to corporations and other organizations as well as their board members and ex...
Claims: What we claim is: 1. A method for separating a cellular suspension into cellular material and a filtrate, said method comprising: providing a polymer membrane comprising a first porous skin surface, a second porous surface, ... Ditter, Jerome Morris Richard A.,R Zepf - US 被引量:...
What is the difference between "Claims Made Cover" and "occurrence cover" Byanon38621— On Jul 27, 2009 how much does malpractice insurance cost? Byspineaid— On Jun 22, 2009 Does an md need to have additional insurance if he is a protocol for an arnp who has her own malpractice insura...
The retroactive date is usually the inception date of your first claims-made policy. This date should remain the same each time your claims-made coverage is renewed. It should not be advanced (moved up) as this will reduce your coverage. When shopping for claims-made coverage, try to avoid...
Funding a claims reserve is based on a projection of the amount of money needed to pay unsettled claims or unreported claims. Alternate name: Outstanding claims provision Let’s say you have a fender bender and file a claim against your collision coverage. When the insurer approves a ...
No Claims Bonuses: Now you know! In summary, a No Claims Bonus is a reward feature that recognises safe driving – it gives you a discount on your insurance when you drive without making a claim. It's a valuable part of your policy, and one that's worth protecting. So, drive safely...
Always have insurance coverage Obviously, the best defense against professional negligence claims is to avoid them altogether. That said, you should always have a solid professional liability insurance policy in place as a “plan B.” If a client raises a claim against you or your business, you...
Professional liabilityinsurance policiesare usuallyclaims-made, which means coverage is good only for claims made and events occurring while the policy is active. You might also findoccurrencepolicies, which means you're covered if an incident occurred while you had coverage—even if you let your ...
The party who formed it engaged in fraudulent claims and the misrepresentation of facts. Both parties made contractual mistakes. One party does not fulfill its obligation, also known as abreach of contract.2 Recission vs. Termination Rescission refers to the cancellation or undoing of a contract...
Commercial general liability insurance is a form of comprehensiveinsurancethat offers coverage in case of damage or injury caused by a business’s operations or products, or on its premises. There are two types of CGL policies: a claims-made policy that covers claims regardless of when the event...