Questions & answers · Travel insurance
How does Wesco Insurance Company's travel insurance policy handle other insurance covering the same loss?
AI-drafted from filed documents · reviewed: pendingother insurance / coordination of benefitsWesco Insurance Company
Under Wesco Insurance Company's filed form for Missouri (MO), the policy states that the insurance provided is in excess of all other insurance and is secondary to coverage under all other insurance [1]. If there is other insurance in place at the time of a loss, Wesco is liable only for the amount of the loss not paid or payable by that other insurance [1]. This does not appear in these excerpts — check the full policy.
Information only — not legal advice. The insurer decides.
These answers quote forms insurers filed with state regulators. Your own policy, its endorsements and your state’s rules control. A filed form may not be the version sold to you.
Where this comes from (2)
[1] Wesco Insurance Company · MO · SERFF UNKP-134000046 · form TRI-WIC-SP-MO-0002.1 (09-23) · p. 7
EXCESS INSURANCE LIMITATION - The insurance provided by this Policy shall be in excess of all Other Insurance and shall be secondary to coverage under all Other Insurance. If at the time of the occurrence of any Loss there is Other Insurance in place, the Company shall be liable only for the excess of the amount of Loss not paid or payable by Other Insurance. PAYMENT OF CLAIMS - The Company, or its designated representative, will pay a claim within fifteen (15) working days after the submission of all forms necessary to establish the nature and extent of any claim. Benefits for Loss of life are payable to Your beneficiary. If a beneficiary is not designated by You at the time of purchase, benefits for Loss of life will be paid to the first of the following surviving preference beneficiaries:
[2] Wesco Insurance Company · AL · SERFF UNKP-127318153 · form AH990001 · p. 19
the amount of such other insurance or indemnity, and applicable deductible.] A police report is required if Your sports equipment is stolen. A Common Carrier property loss report is required for proof of damage, delay or loss caused by the Common Carrier. … (excerpt — the filed text continues)
Drafted by a local AI model from the excerpts above, then checked by rules (citations, no rankings, no “not covered” claims from a partial excerpt). Question id Qeb7bf949. Spotted an error? Tell us.