If an insurer and insured have a dispute about whether a particular loss is covered under a policy, which authority will settle the dispute?

Question

Business

Kash Jacobs

29 December, 22:12

If an insurer and insured have a dispute about whether a particular loss is covered under a policy, which authority will settle the dispute?

+1

Answers (1)

Know the Answer?

Anabelle · Answer 1

The court

Explanation:

The court is the judicial arm of government that is saddled with the responsibility of interpreting the laws made by the legislative arm of government. The court by law hear cases and adjudicate among people in dispute.

where an insurer and insured have a dispute, the correct step to take is to approach a court of competent jurisdiction for interpretation. The court they say is the final hope of the common man.