Policy wordings set the course for future claim settlement

Tuesday, April 7, 2015 Veröffentlichungen

Article by Christian Becker in Versicherungspraxis 04/2015 

The claim settlement in commercial property insurance is often a complex and sometimes disappointing process for policy holders. Policy holders and insurers often have different interpretations of the insurance cover agreed upon and the respective consequences for the claim settlement.

These different understandings often have their reason in ambiguously formulated policy wordings resp. entirely missing clauses.

 

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