Encino, Calif.-based NAS Insurance Services has a new insurance coverage that will pay a business’ legal expenses to contest denial of coverage by an insurance company.
NAS’ Claims Dispute Insurance allows insureds to select attorneys from a panel of insurance specialists to determine if the insured has a reasonable probability of success. If so, the company will provide up to $250,000 for legal expenses to contest the claim denial. If it is determined that the insured does not have a reasonable probability of success, the insurance limit is still available to contest the denial, subject to a 50 percent co-payment.
Claims regarding worker’s compensation, medical insurance and some others are not covered by the insurance.
For information, visit www.nasinsurance.com.
Was this article valuable?
Here are more articles you may enjoy.
DeSantis Plan to Cut Florida Property Taxes Heads to Ballot—With Schools Removed 
M&A Lawyer Pleads Not Guilty to Leading Insider-Trading Ring 
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget 
Natural-Disaster Insurance Gap Now Exceeds $420 Billion Globally 
