Insurance 101 – Chapter 11 – Volume 73 – Exposure of Insured to Other Claims

Exposure of Insured to Other Claims

An insurer may refuse a policy limits settlement offer that is only a settlement of third-party claimant’s pain and suffering, which would still leave the insured exposed to other claims for the same incident.

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

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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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