SSS · Post-Crisis Recovery & Exit Plan

How much time do we have for recourse claims?

It varies by head of claim: contractual claims, insurance notifications and tort limitation periods each run differently. A deadline map should be drawn up as soon as the crisis is closed.…

Updated · July 20261 min readCategory · Post-Crisis Recovery & Exit Plan
Short answer

It varies by head of claim: contractual claims, insurance notifications and tort limitation periods each run differently. A deadline map should be drawn up as soon as the crisis is closed.

It varies by head of claim: contractual claims, insurance notifications and tort limitation periods each run differently. A deadline map should be drawn up as soon as the crisis is closed.

The periods diverge sharply, so a single map avoids a nasty surprise: tort claims generally run two years from when you learn of the harm and the person (ten years at the outside), while ordinary contractual claims run ten years, and policy notification deadlines are often just days. It is the shortest of them that sets your calendar, which is why the map gets drawn the moment the crisis closes.

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