Claims incurred definition
Examples of Claims incurred in a sentence
Claims incurred prior to Your Service Agreement start date are not covered.
Claims incurred consist of claims and claims handling expenses paid during the financial year together with the movement in the provision for outstanding claims.
Claims incurred but not reported are included in payables and expenses.
All final requests for payment of Professional Fee Claims incurred during the period from the Petition Date through the Confirmation Date shall be Filed no later than 45 days after the Effective Date.
In the event that it is ultimately determined that the indemnifying Party is not obligated to indemnify, defend or hold harmless the Indemnified Party from and against the Third Party Claim, the Indemnified Party will reimburse the indemnifying Party for any and all costs and expenses (including attorneys’ fees and costs of suit) and any Third Party Claims incurred by the indemnifying Party in its defense of the Third Party Claim.