Claims-made Insurance: What is the Meaning of Claims-made Insurance?
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
Meanings of Claims:
An indication or confirmation that something has happened, usually without any evidence or proof.
Formal request or request to say we won or won (some)
Cause of loss (someone's life)
A statement that something is true.
Requests or demands for something appropriate.
Sentences of Claims
The Prime Minister expressed concern about the debt of the Third World
If no one claims the item, it belongs to the Crown
Five people were killed in the attack
Threatened by allegations that he had links to the CIA
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
Meanings of Made:
Past participle of past and present
Produced or printed by a particular place or by a special process.
Sentences of Made
Meanings of Insurance:
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.
Something to protect against possible emergencies.
Sentences of Insurance
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