Per Occurrence Clause Samples
The "Per Occurrence" clause defines how insurance coverage or liability limits apply to each individual incident or event that results in a claim. In practice, this means that the policy’s maximum payout is reset for each separate occurrence, regardless of how many claims arise during the policy period. For example, if multiple accidents happen at different times, each is treated as a distinct occurrence for coverage purposes. This clause ensures that coverage is not exhausted by a single event and provides clarity on how limits are applied, thereby protecting both the insurer and the insured from ambiguity regarding claim payments.
Per Occurrence. ● 100% credit or refund of the TRMC and ten Business Days of ADUC when usage applies for each End-User service not meeting the committed objective for each CAT 2 fault.
Per Occurrence. 100% credit or refund of the for each End-User service not meeting the committed objective per occurrence objective for a single CAT 2 fault.
Per Occurrence. If the Declarations indicate that the "property damage" deductible is on a Per Occurrence basis, the deductible amount applies:
Per Occurrence. 100% credit or refund of the TMRC for each End-User service not meeting the committed objective for each CAT 1 fault.