Examples of Continuing Claims in a sentence
Adverse or causal conditions will be rectified, Policies and procedures will be updated, and briefings or training will be given to affected staff.
As soon as the Continuing Claims are resolved62 pursuant to the procedures set forth in this Article VIII, Buyer shall direct the Escrow Agent to release any associated Retained Amount held by the Escrow Agent pursuant to the terms of the Escrow Agreement to Seller.
Initial Claims (IC) are reported the following Thursday and Continuing Claims a week later.
Based on their experience – and external research – the team proposed a set of relationships between these major elements that could generate the historical behavior experienced by the claims area.The workflow sector focuses on Claims: Pending (including Pending & Active), and Continuing Claims.
How factors might vary:• Length of premium guarantee remaining: Longer period has larger factor• Individually written vs other: Individually written has lower factors Continuing Claims Risk RequirementThe continuing claims component covers the risk of claims continuance arising from coverage provided in prior years.Measure of Exposure = Disability income reserves related to claims of prior years.How factors might vary:• Duration of disability.
Sellers’ Representative shall continue to hold such amounts to support the Sellers’ indemnification obligations with respect to such Continuing Claims until the final resolution thereof in accordance with the terms of this Agreement.
Fees and surcharges are refunded.• Cancellation Request: Must be received during the policy year.• Required Documentation: Copy of FEMA’s LODR, and a signed statement from the insured that flood insurance is not required by the lender.
In these instances, a demonstration excluding an exposure route shall be submitted to the Agency for review and approval.
It argues that “Lockheed Martin’s claims for impacts associated with aircraft P-15 to P-27 – which were inducted after 15 October 2012 and within six years of Lockheed Martin’s 15 October 2018 claim – are timely under the Continuing Claims Doctrine” (id.
The factor applied to the measure of exposure is as follows: Percentage of Annual Earned Premiums7Length of Premium Guarantee Remaining Continuing Claims Risk The unpaid claims component covers the risk of claims continuance arising from coverage provided in prior years.