Video

Pay on behalf

Pay on Behalf of vs Reimbursement

In this video, we explain what it means when a policy is on a “pay on behalf of” or a “reimbursement” basis. ‘Pay on behalf of’ and ‘Reimbursement’ are two different approaches to paying the bills associated with a claim. Whichever way your insurance policy works, it helps to know and understand it before a claim happens.

Extended Reporting Period

Extended Reporting Period (ERP) Explained

An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only provides coverage for claims arising from wrongful acts that occurred prior to the inception of the ERP.

Duty to defend

Duty to Defend

In this video, we explain what it means when a Policy is on a “Duty to Defend” wording. What is it? Where do you find it? And how does it work?

Extended reporting period timeline

‘Claims Made’ vs ‘Claims Made and Reported’

What are your policy’s claims reporting requirements? ‘Claims made’? ‘Claims made and reported’? Each has different implications so it’s important to understand the difference. Watch this video to learn more.

Non-indemnifiable loss

D&O: Importance of Side A Coverage

In this video we discuss non-indemnifiable loss, a.k.a. Side A coverage. Non-indemnifiable loss refers to coverage for directors and officers that have not been indemnified by the organization. It could be that the company is …

Duty to manage

D&O: Directors and Officers Duty to Manage Explained

In this video we discuss the Duty to Manage. Any judgement as to whether or not directors or officers have acted as they should is assessed by the legal system in light of their legal duties. Have they acted as they agreed to when …

Hammer Clause

The Hammer Clause

What is the hammer clause? How does it work? Watch our video and learn all about it!

Resource Type: Video

Pay on behalf

Pay on Behalf of vs Reimbursement

In this video, we explain what it means when a policy is on a “pay on behalf of” or a “reimbursement” basis. ‘Pay on behalf of’ and ‘Reimbursement’ are two different approaches to paying the bills associated with a claim. Whichever way your insurance policy works, it helps to know and understand it before a claim happens.

Extended Reporting Period

Extended Reporting Period (ERP) Explained

An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only provides coverage for claims arising from wrongful acts that occurred prior to the inception of the ERP.

Duty to defend

Duty to Defend

In this video, we explain what it means when a Policy is on a “Duty to Defend” wording. What is it? Where do you find it? And how does it work?

Extended reporting period timeline

‘Claims Made’ vs ‘Claims Made and Reported’

What are your policy’s claims reporting requirements? ‘Claims made’? ‘Claims made and reported’? Each has different implications so it’s important to understand the difference. Watch this video to learn more.

Non-indemnifiable loss

D&O: Importance of Side A Coverage

In this video we discuss non-indemnifiable loss, a.k.a. Side A coverage. Non-indemnifiable loss refers to coverage for directors and officers that have not been indemnified by the organization. It could be that the company is …

Duty to manage

D&O: Directors and Officers Duty to Manage Explained

In this video we discuss the Duty to Manage. Any judgement as to whether or not directors or officers have acted as they should is assessed by the legal system in light of their legal duties. Have they acted as they agreed to when …

Hammer Clause

The Hammer Clause

What is the hammer clause? How does it work? Watch our video and learn all about it!