Posts related to ‘Maximum Indemnity Period’

As major loss adjusters, one of the most significant aspects of our career is producing a positive outcome for everyone involved in a claim. In many cases, this means that the impacted business was returned to its pre-loss state with their insurance …

All too often, we see claims where an insufficient Maximum Indemnity Period (MIP) has been set — resulting in serious consequences related to the recovery of the policyholder’s business. When the MIP — known as the time interval for insur…