Claims-made Coverage Trigger

Claims-made Coverage Trigger,

How To Define Claims-made Coverage Trigger?

  1. The type of coverage trigger in which the insurance company requires the policyholder to defer the claim and / or pay the claim if the claim is filed against the first plaintiff during the term of the policy. (The term facts means that the policyholder must be notified that a request for money or services is being made.) For example, a policy that includes a claim coverage expires on 1 January 2015 with a notice. Happens. Coverage applies to claims against insurance during this period. . Loss coverage applies to coverage of events that occur during the policy period, as opposed to policies that coincide with the initial event, regardless of when the damage from that event was claimed. "It simply came to our notice then. In the case of insurance contracts with a period up to 01/01/2015, insurance coverage will apply to claims arising out of events occurring during the period 01/01/2015, regardless of when insured or communicated. Was claimed against. Although non-life insurance policies are commonly used to draft forms of liability for directors and officers, they are sometimes found in commercial liability policies (CGLs).

Literal Meanings of Claims-made Coverage Trigger

Claims:

Meanings of Claims:
  1. Explain or acknowledge that something happened, usually without evidence or proof.

  2. Request or formally claim that you have won or won (some)

  3. To cause loss of (someone's life)

  4. A statement that something is true.

  5. A request or request for something that is deemed appropriate.

Sentences of Claims
  1. The prime minister says he is worried about third world debt

  2. If one does not claim these items, they become the property of the Crown Prince.

  3. Five people were killed in the attack

  4. Prosecuted by alleged CIA contacts

  5. The court rejected your asylum application

Synonyms of Claims

avowal, profession, request, declaration, protestation, representation, profess, affirm, hold, formally request, protest, attest, aver, state, affirmation, assert ownership of, lay claim to, swear, assert, say that one owns, avow, insist, assertion, application, averment, declare, take, maintain

Made:

Meanings of Made:
  1. Past participation and past participation

  2. Prepared or printed by a particular place or by a special process.

Sentences of Made
  1. Japanese camera

Coverage:

Meanings of Coverage:
  1. The degree to which something is related or applied to something else.

Sentences of Coverage
  1. Grammar does not provide complete language coverage.

Trigger:

Meanings of Trigger:
  1. The cause (event or situation) that occurs or exists.

  2. A small device that releases a spring or bolt and thus activates a mechanism, especially for firearms.

Sentences of Trigger
  1. Stress or overwork can cause allergies

  2. Pull the trigger of the gun

Synonyms of Trigger

provoke, spark, prompt, stimulate, precipitate, touch off, trigger off, set off, spark off, fan the flames of, stir up