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
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.