What Does Reformed Mean?
What does Reformed mean? Read on to discover the definition & meaning of the term Reformed - to help you better understand the language used in insurance policies.
Reformed
Reformed is an insurance term for a policy that is rewritten to correct a factual error or resolve a conflict between the insurer and the insured. These rewrites are ordered by a court of law, often following a lawsuit.
We hope the you have a better understanding of the meaning of Reformed.
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