10 Questions
What is NOT part of the documents needed when one of your case settles for UM/UIM policy?
Waiver of Asset Search
When should the arrival of the settlement check be expected post-release sign up for UM/UIM or Defendant Policy?
Within 1 month
What must be done if the "insured" or defendant has "disappeared" and defendant insurance is saying they can't provide a signed copy of the disclosure of no assets/course and scope?
Escalate to my Secondary or Manager
There is NO legal issue is we send a signed release form without signed declaration page and Disclosure of Assets and Course and Scope.
False
The possibility of doing an asset search on the Defendant needs to be discussed with the client when an offer for policy limits is presented.
True
What action is advised if a client agrees to an asset search?
Share it, blacking out parts of addresses, numbers, and emails
If a client does not believe we received an offer for policy limits what letter should we send them to sign and review?
Disclosure of Policy Limits letter with copy of signed Declaration Page
What clause can be added to the release forms or what letter can we send to an adjuster to clarify we will take responsibility for the payment of any and all government liens related to a case?
Hold Harmless
We should always audit if there is any Medpay available and request a demand to be sent out.
True
Where should all documents related to the settlement be saved?
In Settlements folder, Case Manager
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