Month: February 2024

The Importance of Timely Notification in Insurance Claims

Policyholders often ask what happens if they report a claim late to the insurance company. There are important practical and legal reasons for giving timely notice to the insurance company, and you never want to take a chance by reporting a claim late. The requirements for notice vary based on your policy. An occurrence policy …

What Are the Best Practices for Contract Compliance?

A business can face serious legal consequences if found in breach of contract. They may have to pay various damages, even if they did not intend to breach the contract. Sometimes, contractual lawsuits result from disputes between the two parties. A business needs to monitor its actions to reduce the chances of losing a breach …

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