Virtually all liability policies fall into one of two categories: occurrence or claims-made. An occurrence policy covers claims resulting from an injury or another event that occurs during the policy term. Coverage depends on the timing of the event. A claims-made policy covers claims that are ...
Claims-made policies require that claims be filed during policy periods, whereas occurrence policies allow an unlimited filing time but stipulate that injuries must occur while policies are in force. Occurrence and personal injury are similar, but the latter requires that injuries be intentional, not...
Claims-made insurance allows for a close match between premium dollars and claims. Shortly after the expiration of a claims-made policy, an insurer can close its books and determine its profit or loss. Under an occurrence policy, an insurer cannot determine its profit or loss for decades becaus...
The spatio-temporal occurrence of chimney fires was compared with local climate data looking for any threshold conditions which might trigger the seasonal changes in occurrence. Finally an attempt is made to measure the effectiveness of the... M Holmes,Y Wang,I Ziedins - 《Holmes Mp》 被引量...
Occurrence policies don’t specify when the accident must take place, as long as the injury or damage it causes occurs during the policy period. 总而言之,两者的最大区别在于一个重点在于索赔时间,而另一个则是事故发生时间。 以下为相关双语示例,供参考: If any insurance policy is a “claims-made...
Is it occurrence coverage or claims-made coverage? Of course arguments can be made for an occurrence... MA Terrell - 《Cds Review》 被引量: 0发表: 2005年 Professional liability Consider the benefits of professional liability coverage based on an occurrence policy versus a claims-made coverage ...
Claims-Made vs. Occurrence Nearly all liability policies fall into one of two categories: claims-made oroccurrence. A claim made while the policy is in force triggers coverage for a claims-made policy. The insurance company is obligated to defend the policyholder and pay for the claims. The ...
Copyright, Trade Dress or Slogan Insurance Policy and Coverage Analysis Coverage analysis & recommendations Claims Made and Occurrence Based Policies Coverage Declinations and Reservation of Rights Excess Letters Dietary Supplement/Nutraceutical Liability ...
(27) Yet, inferring a discovery limitation in the policy effectively changes its nature to its less expensive cousin, the claims-made policy. In fact, a key to distinguishing a claims-made policy from an occurrence policy is the very absence from an occurrence policy of a discovery or manifes...
The long debate around claims made policies in Italy has moved from their validity as opposed to loss occurrence policies to the retroactive date and extended reporting period. Until 2005, claims made policies were held null and void because they depart from the loss occurrence regime set out in...