Reservation of Rights Legal Brief
The purpose of this course is to better equip you in your professional activities as an Insurance Agent or Insurance Adjuster.
In this course your will review Reservation of Rights. Insurers use a reservation of rights letter because, in many claim situations, the insurer has a few unsubstantiated allegations and, at best, a few confirmed facts at the time of the claim's inception thereby the need to reserve the right to deny coverage in the future. In some instances, insurers write the reservation of rights letters to cover policies not addressed in the letter so that the insurer has as extra protection against liability. You will study when a ROR should be written, how to write a ROR, where to send it, and an Insurer’s duties under a Reservation of Rights letter. This course also reviews some interesting selected case analysis.
This course makes a few assumptions about you the student:
- You are a currently licensed Insurance Agent or Adjuster.
- You are interested in additional information, resources, and knowledge regarding insurance and the legal environment of business in general.
There are four key features to the Course Briefs Continuing Education courses:
- Introduction to the Law
- Legal Syllogism Overview
- Topical Analysis
- Supporting Case Law