What does Legal Action Against Insurer mean? Read on to discover the definition & meaning of the term Legal Action Against Insurer - to help you better understand the language used in insurance policies.
Legal Action Against Insurer
A provision in most standard insurance coverage forms that imposes certain limitations on an insured's right to sue the insurer for enforcement of the policy. Sometimes titled "Legal Action against Us," such provisions typically require that the insured meet all its own obligations under the policy before bringing suit in contract. Some legal action against insurer clauses in liability policies also attempt to limit the prerogatives of third-party beneficiaries by stipulating that nothing in the policy gives any third party a right to sue the insurer for damages being sought against an insured.
We hope the you have a better understanding of the meaning of Legal Action Against Insurer.