# Will the Circle Be Unbroken? 

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Canonical: https://www.claimspages.com/news/i1314/

Often, when two parties meet in a courtroom to battle over an insurance issue, events are triggered by a technicality. Typically, an insurer attempts to convince a court that it is under no obligation to pay a loss because the insured failed to do something or the insured did something too late. The insured counters with an argument that his or her error shouldn’t result in losing coverage. Many times, the insured makes a good point, but it all starts with a basic question: What is represented by an insurance policy?

An insured and its customers are bound by a contract — an agreement from which, ideally, both parties benefit. The insurer hopes to get enough premium from customers to make a profit after fulfilling its obligation to provide coverage. Insurance consumers want to move ahead with their work and personal lives while feeling secure.

Sources:
- National Association of Mutual Insurance Companies (http://www.namic.org/pcimagazine/091003/circle.asp)