WHAT DOES CLAIMS MADE POLICY MEAN?

The obligation from the CGL insurer(s) to respond to bodily damage or residence problems transpiring all through its policy interval(s) continues to be, although a assert or lawsuit searching for damages resulting from that bodily injury or property damage is filed months or simply decades once the "occurrence" CGL policy has finished.This is the g

The perform from the retroactive date is usually to reduce all coverage below a claims-made CGL policy for any bodily personal injury or residence hurt that transpired before the retroactive day. The main reason for the CGL retroactive day is to forestall the acquisition of retroactive insurance.Basic liability Also handles lawful prices, such as e