What Does File and Use Mean?

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

File and Use

File and Use

Method of rate and form ratification used by some state insurance departments that allows a company to begin using forms or rates as soon as they are filed by the department; the department eventually reviews the filing and officially accepts or rejects it.

We hope the you have a better understanding of the meaning of File and Use.

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