What is the RFI?
This is the coverage that would cover the vehicle in this detached garage's photo:
What is Automobile Coverage?
It's the first note you enter when you receive a new claim to indicate you have received the claim, and will review the policy and claim for coverage, set financials and an action plan for resolution.
What is an 'Acknowledging the Claim' note
A show name from Susie's childhood included this as a county name where the Duke boys and Daisy lived, but in insurance terms it means a condition that increases the chance of a loss.
What is a Hazard?
DDP stands for this
What is a Diet Dr. Pepper?
Policyholders aren't insurance nerds, they don's speak the languages so we should avoid these types of words and shortening of words in our communications
What are jargon and abbreviations?
These are the coverages that Aunti Em could have filed for because the farm in Wizard of Oz had direct physical loss to the farmhouse?
What are COV A and COV D
If you are doing an outside referral, you need to discuss with this person before including any of your supporting documentation or work product.
Who is your manager?
This is the typical number of days a wombat takes to incubate and the policyholder has to submit a signed, sworn proof of loss after it is requested by the insurer under the Florida Special Provisions
What is 30 days?
Because of this, a loss is excluded if an excluded peril contributes to a loss
What is 'Anti-concurrent cause'?
Letters that pay for some of the claim but also clearly delineates covered versus excluded and includes policy language is called this
What is a partial denial letter?
This is how we settle losses for dwellings
What is Replacement costs?
Michelle wants you to like and smash that subscribe button located here after sending an RFI email
What is the Tolling Tab?
"Our Option to Repair" is done within 30 days by this program at Frontline
What is Invoke?
(HO3 05 11) This means the failure of an insured to use all reasonable means to save and preserve property at and after the time of a loss.
When creating a package for a payment letter, you must include these other supporting documents
What Statement of of Loss and estimates?
Auntie Em better have receipts if she is claiming her stay at the fanciest hotet in Kansas or Oz and wants reimbursement under this coverage.
WHat is ALE or Additional Living Expense- Cov D
The green tunic wearing, sword and shield carrying adventurer in a popular video game is also what you should do for supporting documents to a claim note
What is link?
Which section addresses reasonable emergency measures (e.g., tarping a roof, water mitigation) after a covered loss?
This sounds similar to a long running tv show whose theme song ends with a “dun-dun” but rather the coverage that pays for necessary code improvements needed during repairs.
What is Ordinance and Law?
The letter that has the primary purpose of addressing potential coverage questions, and protecting policy rights always automatically gets sent out this way
What is certified?
Wayne says that you should review your policy for coverage in this way
What is systematically?
You must have these on every claim, as they guide you to handling your losses in the Workplan and are arguably the most important way to organize your day.
What are activities?
This is the reduced value of covered property compared to immediately before the loss, even after repair or replacement
What is Diminution of Valueor Diminished value?
It sounds like it has to do with the big green lady in the NY Harbor, but it really has to do with ethical governance for licensed claim professionals, like 627.70131
What are Statutory Standards?