Claims Coverage Clause Samples
The Claims Coverage clause defines the scope and extent of protection provided under an insurance policy or agreement for claims made against the insured party. It typically outlines which types of claims are covered, the time period during which claims must be made or arise, and any specific exclusions or limitations. For example, it may specify that only claims reported during the policy period are eligible for coverage, or that certain types of damages are not included. The core function of this clause is to clearly delineate the boundaries of the insurer’s responsibility, thereby managing expectations and reducing disputes over what is or is not covered.
Claims Coverage. The insurance carrier further agrees that this policy of insurance shall cover only those claims not subject to the defense of governmental immunity under the Code of Iowa Section 670.4 as it now exists and as it may be amended from time to time. Those claims not subject to Code of Iowa Section 670.4 shall be covered by the terms and conditions of this insurance policy.
