Claims-made Insurance

Claims-made Insurance,

Claims-made Insurance: What is the Meaning of Claims-made Insurance?

  1. Insurance that covers a claim against an insurer that covers the policy, regardless of when the action or claim was made. The insurer must be notified of the loss after the low tide date and the insurance company must be notified before the end of the policy or before the extension of the period covered in the report.

Literal Meanings of Claims-made Insurance

Claims:

Meanings of Claims:
  1. An indication or confirmation that something has happened, usually without any evidence or proof.

  2. Formal request or request to say we won or won (some)

  3. Cause of loss (someone's life)

  4. A statement that something is true.

  5. Requests or demands for something appropriate.

Sentences of Claims
  1. The Prime Minister expressed concern about the debt of the Third World

  2. If no one claims the item, it belongs to the Crown

  3. Five people were killed in the attack

  4. Threatened by allegations that he had links to the CIA

  5. The court rejected the asylum application

Synonyms of Claims

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

Made:

Meanings of Made:
  1. Past participle of past and present

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

Sentences of Made
  1. Japanese camera

Insurance:

Meanings of Insurance:
  1. An exercise or arrangement under which a company or government agency guarantees compensation for a particular loss, injury, illness or death in return for payment of a premium.

  2. Something to protect against possible emergencies.

Sentences of Insurance
  1. Maintaining a high standard of personal conduct is an excellent guarantee against personal problems.

Synonyms of Insurance

indemnity, indemnification, protection, financial protection, security, surety, cover, defence, safeguard, safety measure, shelter, precaution, provision, preventive measure, immunity