The retroactive date is usually the inception date of your first claims-made policy. This date should remain the same each time your claims-made coverage is renewed. It should not be advanced (moved up) as this will reduce your coverage. When shopping for claims-made coverage, try to avoid...
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 policiesRISKThe article focuses on a theoretical approach related to claiming of insurance liability and its occurrence based policies. It then discusses occurrence based contracts for policyholders, claims-made contracts and the difference between these contracts. It further discusses ...
Assume a professional retires from practice and simply does not renew his claims-made policy. All coverage for prior services ceases once a claims made policy is allowed to expire. A special endorsement known as an “Extended Reporting Period”, “tail” or “run-off” can be used to solve...
The article discusses the difference between the occurrence liability policy and claims-made policy. It outlines the characteristics and coverage of the occurrence liability policy where covered event must take place during the policy term and the claims-made policy where retroactive date is a negotiabl...
Publisher’s note Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. The original online version of this article was revised: In this article the statement in the Funding information section was incorrectly given as ‘grant number 3187520...
Professional Liability Insurance Contracts: Claims Made Versus Occurrence Policies One of the major contract innovation in liability insurance during the liability crisis of the early 1980s was the introduction of claims-made and reported... M Boyer,K Gobert - 《Cahiers De Recherche》 被引量: 4...
place, or if it took place out of port, at the first port of call; or (b) at the port of disembarkation in respect of claims for loss of life or personal injury; or (c) at the port of discharge in respect of damage to cargo; or (d) in the State where the arrest was made....
In environments characterized by extended multi-stress conditions, pathogens develop a variety of immune escape mechanisms to enhance their ability to infect the host. The capsules, polymers that bacteria secrete near their cell wall, participates in num
An occurrence policy covers claims made for injuries sustained during the life of an insurance policy, even if they're filed after the policy is canceled.