Insurance 101 – Chapter 9 – Volume 18 – Claims Made Policies

Claims Made Policies

When purchasing errors and omissions insurance the insured must be aware that the policy will only respond to claims that are made and reported during the policy period. Further, since the application becomes a part of the policy and is incorporated into the policy the insured is warranting the absolute truth of every statement made in the application.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

Legal Disclaimer

The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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