Claims reported definition
Claims reported means those claims that have been incurred on or prior to the valuation date of which the insurer has been informed, on or prior to the valuation date.
Claims reported means when an insurer has been informed that a claim has been incurred, if the date reported is on or prior to the valuation date, the claim is considered as a reported claim for annual statement purposes.
Claims reported means a claim that has been incurred on or prior to the valuation date and the insurer has been informed of it on or before the valuation date. This claim is considered a reported claim for annual statement purposes.
Examples of Claims reported in a sentence
If the Insured shall die or be adjudged incompetent, this POLICY will protect the Insured’s heir and legal representative as the Insured with respect to Claims reported during the Policy Period and arising out of any error, omission or negligent act committed prior to the date of death or adjudged incompetency, and insured under this POLICY.
More Definitions of Claims reported
Claims reported means those claims that have been incurred on or prior to the valuation date of which the insurer has been informed, on or prior to the valuation date. These claims are considered as reported claims for annual statement purposes.
Claims reported means all claims reported regardless of whether a payment was made.
Claims reported means those claims that have been incurred and the insurer has been informed that they have been incurred. If the date reported is on or prior to the valuation date, the claim is considered as a reported claim for annual statement purposes.
Claims reported means the Claims reported as appearing in the WorkCover Database but not including notification only claims.