More Definitions of Claims-made coverage
Claims-made coverage means an insurance policy that provides coverage only if a claim is made during the policy period or any applicable extended reporting period. A claim made during the policy period could be charged against a claims - made policy even if the injury or loss occurred many years prior to the policy period. If a claims
Claims-made coverage means the coverage of claims made during the policy period concerning incidents occurring during the policy period.
Claims-made coverage means an insurance policy that provides coverage only if a Claim is made during the Policy Period or any applicable Extended Reporting Period. A Claim made during the Policy Period could be charged against a claims-made policy even if the act, error or omission giving rise to the Claim occurred many years prior to the Policy Period. If a claims-made policy has a Retroactive date, however, an act, error or omission occurring prior to the Retroactive date is not covered.
Claims-made coverage as used herein, shall mean the Pool’s Coverage Documents reinsured hereunder which require that a suit or demand be first received by a Member/insured during the Coverage Document period and/or first reported to the Pool during the reinsured Coverage Document period or an Extended Reporting Period reinsured hereunder for a loss which occurred on or after a retroactive date designated in the claims made coverage under the Coverage Document.