What Does Loss Sustained During Prior Insurance Condition Mean?

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What does Loss Sustained During Prior Insurance Condition mean? Read on to discover the definition & meaning of the term Loss Sustained During Prior Insurance Condition - to help you better understand the language used in insurance policies.

Loss Sustained During Prior Insurance Condition

Loss Sustained During Prior Insurance Condition

Condition found in loss sustained version of the commercial crime forms that allows losses that occurred during a prior policy period to be covered under the current policy if certain conditions are met.

We hope the you have a better understanding of the meaning of Loss Sustained During Prior Insurance Condition.

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