Extended Reporting Period definition

Extended Reporting Period means a designated period of time after an errors and omissions insurance policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period;
Extended Reporting Period means the period of time after the end of the Policy Period for reporting Claims to the Company that are made against an Insured during the applicable Extended Reporting Period by reason of an act or omission, which was committed prior to the end of the Policy Period and on, or subsequent to, the Retroactive Date and is otherwise covered by this Policy.
Extended Reporting Period. (if purchased) means the applicable period of time after the end of the Policy Period for reporting Claims arising out of Wrongful Acts committed or alleged to have been committed prior to the end of the Policy Period and on or subsequent to the Retroactive Date.

Examples of Extended Reporting Period in a sentence

  • In the event the policy is canceled, non-renewed, switched to occurrence form, or any other event which triggers the right to purchase a Supplemental Extended Reporting Period (SERP) during the life of this contract the Vendor/Contractor agrees to purchase the SERP with a minimum reporting period of not less than two years.

  • In the event the policy is canceled, non- renewed, switched to an Occurrence Form, retroactive date advanced; or any other event triggering the right to purchase a Supplemental Extended Reporting Period (SERP) during the life of this contract, Contractor agrees to purchase a SERP with a minimum reporting period not less than two (2) years.

  • Coverage under the Extended Reporting Period shall apply only to a Claim that is first made against the Policyholder or Insured Individual during the Extended Reporting Period and any Claim made during the Extended Reporting Period shall be deemed to have been made during the immediately preceding Policy Period.

  • It is also free when a member has been insured with the Psychiatrists' Program under a claims-made contract for 10 consecutive or more years provided at the time of Tail Coverage (Extended Reporting Period) (cont’d)Rule 6.

  • Extended Reporting PeriodIf the Insurer chooses not to renew or the Parent Company cancels or non renews this Policy, the Policyholder or the Insured Individuals shall have the right, upon payment of the additional premium required by the Insurer in Item 5(A) in the Declarations, to a one year Extended Reporting Period following the termination of the Policy Period, but only with respect to Wrongful Acts occurring prior to the effective date of cancellation or nonrenewal.


More Definitions of Extended Reporting Period

Extended Reporting Period means the period of time (specified in Item 7.b of the Schedule) after the end of the Policy Period for reporting Claims made against the Insured during the Policy Period or the Extended Reporting Period, arising out of Malpractice Incidents, negligent acts, errors or omissions, Accidents, libel, slander, breaches of confidentiality, incidents or events which take place on or after the Retroactive Date and prior to the end of the Policy Period or loss of Documents occurring during the Policy Period.
Extended Reporting Period means the period of time after the end of the “Policy Period” for reportingClaims” as provided in Section VIII. of this Policy.
Extended Reporting Period means the time after the policy period, for reporting claims arising out of wrongful acts which occurred on or after the applicable Prior Acts Date set forth in the Schedule of this endorsement and prior to the end of the policy period.
Extended Reporting Period means the period of time stated in Item 6.b of the Declarations after the end of the Policy Period for reporting Claims, as stated in Clause IX.
Extended Reporting Period. , if applicable, means the period of time stated in item 7 the Declarations page after the end of the Policy Period for reporting Claims, arising out of negligent acts, errors or omissions or Accidents which take place prior to the end of the Policy Period but subsequent to the Retroactive Date identified in Item 6 of the Declarations.
Extended Reporting Period means the 90 days period of time after the end of the Period of Insurance for reporting Claims.
Extended Reporting Period means the period for the extension of coverage, if elected, described in Section VII, Extended Reporting Periods.