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Home Office: Madison, Wisconsin Administrative Office: 8877 North Gained Center Drive Scottsdale, Arizona 85258 18004237675 A STOCK COMPANYMASTER POLICY FINANCIAL SERVICES PROFESSIONAL LIABILITY INSURANCE

How to fill out claims made and reported

How to fill out claims made and reported

1. Step 1: Start by gathering all the necessary information and documentation required to fill out the claims made and reported form.
2. Step 2: Begin by providing your personal information such as your name, address, contact information, and policy details.
3. Step 3: Specify the date and time of the incident or occurrence that led to the claim.
4. Step 4: Clearly describe the nature of the claim and provide any relevant details or evidence to support your claim.
5. Step 5: Provide a detailed account of the damages or losses incurred, including any estimated costs or expenses.
6. Step 6: If there were any witnesses to the incident, include their contact information and statements if available.
7. Step 7: Review the completed form for accuracy and completeness before submitting it.
8. Step 8: Attach any supporting documentation, such as photographs, receipts, or police reports, as required.
9. Step 9: Submit the completed claims made and reported form to the appropriate insurance company or claims department.
10. Step 10: Keep a copy of the form and all supporting documents for your records.

Who needs claims made and reported?

1. Anyone who wants coverage for claims that may arise from incidents or occurrences during a specific policy period.
2. Professionals like doctors, lawyers, architects, consultants, etc., who are exposed to professional liabilities.
3. Businesses or organizations that want to protect themselves against potential claims or lawsuits.
4. Individuals who want to ensure coverage for claims that may occur after their policy expires or is canceled.
5. Policyholders who prefer a more affordable insurance option compared to occurrence-based policies.

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What is claims made and reported?

Claims made and reported is a type of insurance policy where coverage is only triggered when a claim is both made and reported during the policy period.

Who is required to file claims made and reported?

Policyholders who have a claims made and reported insurance policy are required to file claims as soon as they are aware of a potential claim.

How to fill out claims made and reported?

To fill out claims made and reported, policyholders must notify their insurance provider of any potential claims as soon as they are aware of them.

What is the purpose of claims made and reported?

The purpose of claims made and reported is to ensure that insurance coverage is triggered only when a claim is both made and reported during the policy period.

What information must be reported on claims made and reported?

All relevant information about the claim, including the date it occurred, parties involved, and any potential damages, must be reported on claims made and reported.