Asked by Dheeraj Bhatt on Apr 29, 2024
Verified
Legal clauses in insurance policies that prevent duplication of payment are called ________ of benefits clauses.
Coordination of Benefits
A legal principle that limits payment by insurance companies to 100% of the cost of covered expenses.
Legal Clauses
Sections of a legal document that specify particular conditions or requirements.
- Recognize and explain coordination of benefits clauses and their importance in insurance policies.
Verified Answer
CN
Learning Objectives
- Recognize and explain coordination of benefits clauses and their importance in insurance policies.