What is the purpose of an arbitration clause in a general insurance policy?

Related questions

1. How binding is an arbitration agreement?
2. Can I refuse to sign arbitration agreement?
3. Which is an advantage of arbitration?
4. How many international courts are there?
5. What does insurance arbitration mean?
6. What is a binding arbitration clause?
7. Can you appeal an arbitration?
8. What is delocalisation in arbitration?
9. What should be included in an arbitration clause?
10. Can arbitration award be challenged?

Tags

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2. #arbitrator
3. #usually
4. #opposed
5. #dispute
6. #arising
7. #arbitration
8. #appoints
9. #contract
10. #alternative
11. #parties
12. #requires
13. #concerning
14. #through
15. #disputes
16. #clause
17. #litigation
18. #resolution
19. #resolve
20. #mediation