Definition: When Insurance Won't Pay: This term refers to a situation where an insured party has not yet received payment for losses caused by a natural disaster or other cause that requires insurance coverage, but the insurer continues to refuse to make any payments as specified in the policy agreement or otherwise. The reason behind this occurrence is often due to delays in the processing of claims from insurers, inadequate record-keeping systems or a lack of information on how to proceed with a claim. In such situations, it may be necessary for the insured party to seek legal assistance to obtain the appropriate remedies and to ensure that they have access to the relevant resources and support they need. The exact definition can vary depending on the specific insurance policy terms, but in general, "When Insurance Won't Pay" typically refers to a situation where an insurer has not yet covered all or part of the insured's losses.
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