{"id":33,"date":"2024-11-01T08:54:08","date_gmt":"2024-11-01T08:54:08","guid":{"rendered":"https:\/\/capinasia.com\/?p=33"},"modified":"2024-11-01T08:54:08","modified_gmt":"2024-11-01T08:54:08","slug":"claims-paid-policy","status":"publish","type":"post","link":"https:\/\/capinasia.com\/blogs\/claims-paid-policy\/","title":{"rendered":"Claims \u2013 Paid Policy"},"content":{"rendered":"\n<p><strong>Claims \u2013 Paid Policy:<\/strong> A claims made policy is a type of liability insurance policy that is triggered when a claim is paid. This means that coverage applies only to claims made and paid during the policy period ,regardless of when the underlying event causing the claim occurred.<\/p>\n\n\n\n<p><strong>EXAMPLE:<\/strong><\/p>\n\n\n\n<p>A company purchases a general liability policy that covers them for claims made and<br>paid during the policy period. If a third \u2013 party files a claim against the company for an<br>event that occurred during the policy period and the claim is paid during the policy<br>period, it is covered under the policy.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Claims \u2013 Paid Policy: A claims made policy is a type of liability insurance policy that is triggered when a claim is paid. This means that coverage applies only to claims made and paid during the policy period ,regardless of when the underlying event causing the claim occurred. EXAMPLE: A company purchases a general liability [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-33","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/posts\/33","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/comments?post=33"}],"version-history":[{"count":1,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/posts\/33\/revisions"}],"predecessor-version":[{"id":35,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/posts\/33\/revisions\/35"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/media\/34"}],"wp:attachment":[{"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/media?parent=33"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/categories?post=33"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/tags?post=33"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}