Insurance Risk Management: The Framework – The Insurance Policy Part Three
If you didn’t get a chance to read the earlier portions of this series, you can read part one here and part two here. This is the final installment of the series.
Insurance Risk Management: The Framework – The Insurance Policy: Part Two
Insurance policies contain exclusionary endorsements or loss-limiting endorsements.
- Most of the time exclusionary endorsements are clear to all parties prior to binding the policy.
- Other times they are obscure, buried in highly-confusing policy language, not known or fully understood at the C-Level until a loss occurs.