Specialty Lines Claims Made forms are not standardized. Rarely are competing forms alike. While Marketing Brochures, FAQ Sheets and Sell sheets may fully describe the hazards to be covered, there are often other dangers in the “admin” sections that prevent coverage from being provided. Numerous ambiguities and draftsmanship issues may exist in the manner in which the Policy is “triggered, as respects the definition section, Conditions Section and the Policy Exclusions.
This webinar will:
Explore Claims Made Forms and detail how and when they may/may not protect the Issuer
when they do, how these problems can adversely affect their bottom line