| Insurer's Failure or Delay in Acting on Application |
| |
| When an applicant submits an application for insurance to an insurer, he typically wishes to have it approved as soon as possible. On the other hand, the insurer may take a period of time before approving or rejecting the application so that it may investigate the risk involved in issuing a policy. In some instances, the applicant may sustain a loss during the time between the submission of the application and the insurer's acceptance or rejection of the application. In those cases, the applicant may seek to hold the insurer liable. More... |
| |
| "Accident" in Insurance Policies |
| |
| Life and health insurance policies provide coverage upon an insured's death or injury. Some policies stipulate that the death or injury be by "accident" or "accidental means" or that it be an "accidental result." However, many issues arise in determining the difference, if any, among these terms.More... |
| |
| Mass Marketing |
| |
| Mass marketing in the insurance field is the presentation of a selling message to induce a number of insureds at one time to purchase insurance policies. It has changed the traditional method of selling insurance on a one-on-one basis.More... |
| |
| Insurance Law> General Liability Insurance> Property Coverage |
| |
| (The CGL Policy Exclusion For "Your Product")More... |
| |
| Denial of Claims |
| |
| An insurer may deny a claim for a loss made by an insured in certain circumstances. However, the insurer must follow certain standards and guidelines when making such a denial. More... |
| |
