What is a "notice of intention to dispute"?

A "notice of intention to dispute" refers specifically to a document filed by an individual indicating their disagreement with an insurance company's decision regarding a claim. This document is crucial in the context of insurance disputes, as it formally communicates to the insurer that the insured party intends to challenge or seek a review of the claim outcome.

When an insurance company denies a claim or offers a settlement that the policyholder finds unsatisfactory, submitting a notice of intention to dispute is often the first step in a more formal dispute resolution process. This process may involve further negotiation, mediation, or potentially legal proceedings, depending on the situation.

Understanding this definition is essential for individuals navigating claims with their insurance providers, as it establishes their intent to contest a decision and ensures that their concerns are formally recorded and considered in the dispute resolution process. In contrast, the other options relate to different aspects of the insurance process and do not involve disputing a claim's outcome.