You have taken a case to trial and the defense attorney is into day three of the proceedings. Plaintiff's counsel has just sent you a demand that is open for 24 hours. This demand coincidentally happens to be for the exact amount of your $500,000 policy limit.
As they say during the annual NFL draft, “You are now on the clock!” So what should you do?
Before we proceed, one caveat: I am a claims guy, not an attorney. What follows is not legal advice. For such guidance, seek the input of competent coverage counsel.
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