Risk of coverage gaps in commercial insurance contracts

Tuesday, October 8, 2013 Veröffentlichungen

Article by Christian Drave in Versicherungspraxis 10/2013

Commercial insurance contracts regularly contain claims series clauses. Such clauses aggregate several claims to one single claim or several losses to one single loss.

Apart from certain financial benefits for policy holders, claims series clauses may significantly limit the insurers’ duty to indemnify at the expense of the policy holder.

 

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