Notice of Claim
(Claims-Made Policy)


Summary

This Notice of Claim template letter can be used by an insurance agent, broker, or authorized representative to provide notice to the insurance company of events that may give rise to liability against the policyholder under a claims-made insurance policy. As authorized representative, you are providing notice on behalf of the policyholder/insured. This template includes practical guidance and drafting notes. Liability policies written on a claims-made basis provide insurance coverage for third-party claims brought against the policyholder during the policy period. The time the claim is asserted against the policyholder is key. As a condition to coverage, a claim must be asserted against the policyholder during the policy period. The policyholder is generally required to provide written notice of the claim to the insurance company pursuant to the notice provision of the insurance policy and to forward all documents relating to the claim. Most claims-made policies are written on a ...