Notice of claim provision

{
  "id": "MLC-T-INS-002371",
  "term": "Notice of claim provision",
  "field": "Insurance and risk management",
  "definition": "A clause within an insurance policy that outlines the policyholder's responsibility to inform the insurer about a potential claim. This provision specifies the timeframe and method for reporting an incident that could lead to a claim, such as in writing or within a certain number of days after the occurrence. Failure to comply with this provision can result in the denial of coverage for the reported loss.",
  "url": "https://mlchart.com/terminology/insurance/notice-of-claim-provision/"
}