| Risk
& Recovery FAQs |
| There are 49 questions in 13 categories |
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| KNOWLEDGE BASE
» INSURANCE CLAIMS PROCESS » LISTING |
Page 1 |
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| Question:
What does ALE mean? |
Added:
2/15/2008 |
| Category:
Insurance Claims Process |
Views:
191 |
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| Answer:
ALE stands for Additional Living Expense. If you policy has this coverage, you will be riembursed ... |
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| Question:
What does it mean to "mitigate" my loss? |
Added:
2/16/2008 |
| Category:
Insurance Claims Process |
Views:
221 |
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| Answer:
Most standard insurance policies require that the insured do everything in their power to ... |
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| Question:
What does policy limit mean? |
Added:
2/14/2008 |
| Category:
Insurance Claims Process |
Views:
185 |
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| Answer:
Policy limits refers to the conditons within your insurance policy that define the amount of ... |
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| Question:
What is "scheduled property"? |
Added:
2/16/2008 |
| Category:
Insurance Claims Process |
Views:
189 |
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| Answer:
Scheduled property is property that is separately scheduled on your insurance policy and insured ... |
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| Question:
What is a "loss list"? |
Added:
2/16/2008 |
| Category:
Insurance Claims Process |
Views:
216 |
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| Answer:
A loss list is a list of the items that were destroyed in a loss event, or were damaged beyond the ... |
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| Question:
What is a co-paymnent? |
Added:
2/16/2008 |
| Category:
Insurance Claims Process |
Views:
193 |
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| Answer:
A co-payment is the amount that you must pay for repairs and restoration of your property, if it is ... |
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| Question:
What is an "exclusion"? |
Added:
2/16/2008 |
| Category:
Insurance Claims Process |
Views:
190 |
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| Answer:
An exclusion is a peril that is not covered in your insurance policy, and this peril is ... |
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| Question:
Why should I purchase flood insurance? |
Added:
2/16/2008 |
| Category:
Insurance Claims Process |
Views:
181 |
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| Answer:
Most standard property insurance policies do not cover the peril described as rising water. ... |
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