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18:47 Dec 20, 2010
English to Spanish translations [PRO] Law/Patents - Law: Contract(s) / settle claims in-house
English term or phrase:settle claims in-house
Espero que puedan ayudarme con un término al español: “settle claims in-house”, relacionado con seguros. Muchas gracias
“If your business is large enough, you can take on higher deductibles and settle some of the smaller claims yourself. Proceed with caution here because you need to have trained people if you plan to settle claims in-house.
You also need to be open with your insurer about this and let them know about all claims so that you don’t prejudice their position should the claim turn out to be more than your deductible. You can ask your broker for regular claims reports that show all the claims and lists the amount paid and the reserves or the amount that they ultimately expect to pay.”