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MISCELLANEOUS PROFESSIONAL LIABILITY APPLICATION (CLASSMATE AND REPORTED BASIS)1. Full Name of Applicant: Principal Business Address: Website: Email: SSN and/or VEIN: 2.3. Limit of Liability Desired:
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How to fill out claims-made and reported basis

How to fill out claims-made and reported basis
01
To fill out claims-made and reported basis, follow these steps:
02
Start by obtaining all the necessary claim forms from your insurance provider.
03
Carefully read the instructions provided with the claim forms to understand the requirements and documentation needed.
04
Begin filling out the claim forms accurately and completely.
05
Provide all necessary details about the incident that led to the claim, including date, time, location, and any other relevant information.
06
Attach any supporting documents requested by your insurance provider, such as police reports, photographs, or witness statements.
07
Double-check all the information you have entered to ensure accuracy.
08
Review the completed claim forms to ensure nothing has been missed or any errors have occurred.
09
Sign and date the claim forms to certify the accuracy of the information provided.
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Submit the completed claim forms to your insurance provider either through mail, email, or online submission, as instructed.
11
Keep a copy of the filled-out claim forms and any supporting documents for your records.
12
Please note that these steps are general guidelines, and it is important to refer to the specific instructions provided by your insurance provider for accurate and complete completion of claims-made and reported basis.
Who needs claims-made and reported basis?
01
Claims-made and reported basis is typically required by professionals who face potential liability claims, such as:
02
- Doctors and healthcare practitioners
03
- Lawyers and legal professionals
04
- Architects and engineers
05
- Accountants and auditors
06
- Consultants and advisors
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- Any professional offering services that could result in liability claims
08
These professionals need claims-made and reported basis to ensure they have coverage for any claims that arise during the policy period, even if those claims are reported after the policy has expired. This type of coverage provides protection for both current and future claims that may occur within a certain timeframe.
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What is claims-made and reported basis?
Claims-made and reported basis is a type of insurance policy where coverage is only provided for claims that are both made and reported during the policy period.
Who is required to file claims-made and reported basis?
Policyholders who have claims-made and reported basis insurance policies are required to file claims under this basis.
How to fill out claims-made and reported basis?
To fill out claims-made and reported basis, policyholders must report any claims as soon as they become aware of them and before the policy period ends.
What is the purpose of claims-made and reported basis?
The purpose of claims-made and reported basis is to ensure that claims are reported in a timely manner and that coverage is only provided for claims made during the policy period.
What information must be reported on claims-made and reported basis?
Policyholders must report details of the claim, including the date it occurred, the nature of the claim, and any other relevant information.
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