Examination under oath (EUO)
Term · Insurance and risk management · MLC-T-INS-001363
A formal proceeding conducted by an insurer, where the policyholder or a claimant provides sworn testimony regarding a loss. This process allows the insurer to gather detailed information under oath, similar to a deposition, to investigate the facts surrounding a claim. Refusal to submit to an EUO, when required by the policy, can result in the denial of a claim.
| Identifier | MLC-T-INS-001363 |
|---|---|
| Field | Insurance and risk management |
| Abbreviation | EUO |
Record as JSON
{
"id": "MLC-T-INS-001363",
"term": "Examination under oath (EUO)",
"field": "Insurance and risk management",
"definition": "A formal proceeding conducted by an insurer, where the policyholder or a claimant provides sworn testimony regarding a loss. This process allows the insurer to gather detailed information under oath, similar to a deposition, to investigate the facts surrounding a claim. Refusal to submit to an EUO, when required by the policy, can result in the denial of a claim.",
"abbreviation": "EUO",
"url": "https://mlchart.com/terminology/insurance/examination-under-oath-euo/"
}
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