Podcast
Questions and Answers
The demands are divided into to parts: the demand it self and the exhibits.
The demands are divided into to parts: the demand it self and the exhibits.
True (A)
From the information in the Declaration Pages we can know if the client was under course and scope
From the information in the Declaration Pages we can know if the client was under course and scope
True (A)
Most of the different doctors on a case have constant communication.
Most of the different doctors on a case have constant communication.
False (B)
We can proceed with surgery even if the client hasn't got any invasive procedure before (ESI, PRP, MBB).
We can proceed with surgery even if the client hasn't got any invasive procedure before (ESI, PRP, MBB).
The insurance companies have the right to ask for the recommendations for future procedures.
The insurance companies have the right to ask for the recommendations for future procedures.
We try to open policy even if the case has no value.
We try to open policy even if the case has no value.
We must always open policy after the first demand is rejected.
We must always open policy after the first demand is rejected.
We can open policy even if the client doesn't want more treatment.
We can open policy even if the client doesn't want more treatment.
What is the importance of the clarity of a demand letter?
What is the importance of the clarity of a demand letter?
What can happen if a demand letter is sent too soon for one party?
What can happen if a demand letter is sent too soon for one party?
What is a common tactic when the first demand is rejected?
What is a common tactic when the first demand is rejected?
Study Notes
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The clarity of a demand letter is important to ensure that the amount being claimed is worth more than the policy limit.
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One case involved sending a demand letter for both parties, but it was too soon for one party and resulted in a lower settlement.
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The first counter offer received was not as anticipated, so a second counter offer was sent with a summary of facts, injuries, and policy limits.
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Sending a second offer to pass out over policy limits is a common tactic when the first demand is rejected.
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If the second offer is not tendered, the plaintiff must decide whether to accept an offer below policy or stick to the policy limit.
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In the case discussed, the demand amount was too aggressive and could be perceived as undervaluing the case.
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It's important to carefully consider all strategies before sending out a demand letter to avoid mistakes.
-
The clarity of a demand letter is important to ensure that the amount being claimed is worth more than the policy limit.
-
One case involved sending a demand letter for both parties, but it was too soon for one party and resulted in a lower settlement.
-
The first counter offer received was not as anticipated, so a second counter offer was sent with a summary of facts, injuries, and policy limits.
-
Sending a second offer to pass out over policy limits is a common tactic when the first demand is rejected.
-
If the second offer is not tendered, the plaintiff must decide whether to accept an offer below policy or stick to the policy limit.
-
In the case discussed, the demand amount was too aggressive and could be perceived as undervaluing the case.
-
It's important to carefully consider all strategies before sending out a demand letter to avoid mistakes.
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