nonclaim in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Nonclaim: a clause or provision in an insurance policy that restricts or eliminates payouts for certain damages or circumstances.
Sample Sentences
- The insurance policy had a nonclaim clause that prevented any payouts for damages.
- After reviewing the contract, she discovered a nonclaim provision that limited her coverage options.
- He decided to forgo filing a nonclaim report, believing the issue was too minor to escalate.
- The company faced penalties for failing to disclose the nonclaim aspect of their service agreement.
- In the meeting, they discussed strategies to minimize the impact of the nonclaim rules on customer satisfaction.