TITLE

CLAUSE & EFFECT BEYOND DISPUTE

AUTHOR(S)
Hilliard, Tyra W.
PUB. DATE
September 2007
SOURCE
Financial & Insurance Meetings;Sep/Oct2007, Vol. 43 Issue 5, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the situation, wherein an invoice for Group charges will be forwarded to a group within 30 days after its departure and any unpaid balance will be subject to 1.5 percent interest charge per month. The article explains that these charges might be disputed, either because attrition is due and there is some dispute in calculation or mitigation. It states that it would be better if the undisputed charges are due within 30 days and that no interest is due on disputed charges until 30 days after the dispute is resolved.
ACCESSION #
26768304

 

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