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CLAIMS MADE EDUCATORS LEGAL LIABILITY INSURANCE APPLICATIONS IS AN APPLICATION FOR A CLAIMS MADE POLICY WHICH APPLIES ONLY TO CLAIMS FIRST MADE DURING THE POLICY PERIOD OR ANY EXTENDED REPORTING PERIOD.
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01
Understand the difference between claims-made and occurrence-based policies.
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Determine your specific insurance needs and risk factors.
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Compare the coverage, costs, and limitations of claims-made vs occurrence-based policies.
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Comparing a claims-made vs involves evaluating the differences between insurance policies that are based on when a claim is made.
Insurance professionals and policyholders may be required to file comparing a claims-made vs when considering different insurance options.
To fill out comparing a claims-made vs, one can review the terms and conditions of each policy, compare coverage limits and exclusions, and consider the cost of premiums.
The purpose of comparing a claims-made vs is to determine which insurance policy best suits the needs and budget of the policyholder.
Information that must be reported on comparing a claims-made vs includes policy details, coverage limits, deductibles, exclusions, and premium costs.
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