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- Thu Oct 03, 2013 1:34 pm
- Forum: Opinions
- Topic: Declination Statement - Earthquake Coverage
- Replies: 5
- Views: 44917
Re: Declination Statement - Earthquake Coverage
To truly reduce the agent’s/broker’s E&O exposure, I would suggest that the following items be included in any coverage Acceptance / Declination Statement: (1) A legally sufficient description of the coverage being declined (you don’t want the insured – after a claim—stating that he/she didn’t u...