What Does Reporting Lag Mean?

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

Reporting Lag

Reporting Lag

The span of time between the occurrence of a claim and the date it is first reported to the insurer.

We hope the you have a better understanding of the meaning of Reporting Lag.

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