An excellent example of good claim handling- shut down the underlying claim to cap the loss- and worry about coverage and re-imbursement later… it can be done with proper legal advice so as not to be deemed a “volunteer” …. this almost ALWAYS results in a lower Total Incurred. This was definitely the “right thing” to do- unfortunately, more & more, dong the right thing is falling by the wayside due to classic short sighted behavior.
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
An excellent example of good claim handling- shut down the underlying claim to cap the loss- and worry about coverage and re-imbursement later… it can be done with proper legal advice so as not to be deemed a “volunteer” …. this almost ALWAYS results in a lower Total Incurred. This was definitely the “right thing” to do- unfortunately, more & more, dong the right thing is falling by the wayside due to classic short sighted behavior.