What Does Accrual of A Claim Mean?

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What does Accrual of A Claim mean? Read on to discover the definition & meaning of the term Accrual of A Claim - to help you better understand the language used in insurance policies.

Accrual of A Claim

Accrual of A Claim

Day on which an event (such as an injury) that triggers an alleged liability is known (or is deemed to have been known) to have occurred.

We hope the you have a better understanding of the meaning of Accrual of A Claim.

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