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Claims Control Under Contractual Agreement

What is a Claims Control Under Contractual Agreement?

Claims Control Under Contractual Agreement may refer to a process of controlling the claims process and costs that arise from a contractual agreement between two parties. This process is important for both parties to ensure that the agreement is honored and that any disputes or claims arising from the agreement are handled in a timely and fair manner.


Claims Control Under Contractual Agreement in More Detail

In general, claims control under contractual agreement is a process where one party has the authority to review and approve any claims that may arise from the agreement. This process is designed to protect both parties, as it allows the party with the authority to review and approve any claims to assess the validity of the claim and the potential cost of the claim. The process also allows the other party to demonstrate that the claim is valid and to provide evidence of the cost associated with it.

In addition, claims control under contractual agreement also allows the party with the authority to review and approve any claims to ensure that the agreement is being followed and that any disputes are resolved in a timely and fair manner. This process is important for both parties, as it allows them to ensure that any disputes are handled in a timely manner and that the agreement is honored.

Overall, claims control under contractual agreement is a process of controlling the claims process and costs that arise from a contractual agreement between two parties. This process is important for both parties to ensure that the agreement is honored and that any disputes or claims arising from the agreement are handled in a timely and fair manner.