Expedited Procedure
A dispute clause that sends disagreements to a specific location or method that may be inconvenient for you. This clause is called "Expedited Procedure".
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A dispute clause that sends disagreements to a specific location or method that may be inconvenient for you. This clause is called "Expedited Procedure".
Read More →A standard rule about how disagreements will be handled. Usually involves talking, mediation, then court if needed. This clause is called "Arbitrator Selection".
Read More →A dispute clause that forces you to travel far, use expensive arbitration, or give up your right to a jury trial. This clause is called "Arbitration Venue".
Read More →Arbitration means a private arbitrator (not a judge) hears your dispute and makes a binding decision, instead of going to court. The rules matter enormously because they determine how the arbitration works: which arbitrator is chosen, where it happen
Read More →This clause requires you to attempt mediation (a structured negotiation with a neutral third party) before you can sue or arbitrate. Mediation is usually faster, cheaper, and more private than court. It often works: studies show 70–80% of mediated di
Read More →A self-insured retention (SIR) is the amount of money *you* must pay out of pocket before your insurance kicks in. It's like a very high deductible. For example, if your SIR is £50,000 and you face a £100,000 claim, you pay the first £50,000 yourself
Read More →Tail coverage is extra insurance you buy when an old claims-made policy ends, to cover claims that arrive *after* the policy expires for work done *during* the policy. Think of it as an extended safety net. Without it, you could face a legal claim in
Read More →This clause determines *when* an insurance policy covers you. With "occurrence" policies, you're covered for any incident that happens during the policy period, even if you report the claim years later. With "claims-made" policies, you're only covere
Read More →A standard clause listing the insurance coverage each side must carry. The requirements are reasonable. This clause is called "Minimum Rating Requirement".
Read More →An insurance clause with very high coverage requirements or unusual types of insurance that cost a lot. This clause is called "Insurance Certificate Delivery".
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