What Is A Claims Made Policy?
Автор: Rob Freeman | Securing The Built Environment
Загружено: 2022-07-24
Просмотров: 881
Описание: https://robfreeman.com - What is a claims made insurance policy? A claims made insurance policy is one that responds if a claim is made within the policy period. This is in contrast to an occurrence based policy form. An occurrence policy responds if the occurrence, or event, that gave rise to the claim happened during the policy period. Liability policies may be either claims made or occurrence. Errors and omissions (E&O) aka professional liability and director's and officer's (D&O) policies are usually written on a claims made basis whereas commercial general liability insurance and umbrella or excess policies are occurrence forms.
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