Occurrence-Based Insurance Explained | What It Is How It Works & Why You Need It |

Описание: Occurrence-Based Insurance Explained | What It Is, How It Works & Why You Need. What is an occurrence-based insurance policy? In this video, Insurance World TV breaks down the concept of occurrence-based insurance coverage in simple terms. Learn how it works, where it applies, who needs it, and how it compares to claims-made policies.

Whether you're a small business owner, homeowner, contractor, or professional in Kenya or beyond, this video will help you understand the lasting protection that occurrence-based policies provide — even years after your policy ends!
In this video, you’ll learn:
What is an occurrence-based insurance policy?
How does occurrence-based coverage work?
Difference between occurrence-based and claims-made policies
Real-life examples in Kenya
Pros and cons of occurrence-based insurance
Who should choose this type of policy
How it can be customized to fit your needs

Why it matters:
Many insurance claims happen long after the event. With occurrence-based insurance, you're protected based on when the incident occurred, not when the claim is filed.

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