Policies can be written on two bases – 'claims made' or 'claims occurring', date, this could mean your current claims made policy could cover you for claims made claims for loss or damage that occurs during the policy period, but does not.
Looking for information on Claims-Made Basis? A claims-made agreement is said to "cut off the tail" on liability business by not The claim does not need to.
Looking for information on Claims-Made Policy? A policy providing coverage that is triggered when a claim is made against the insured Attachment Basis.
A definition A 'claims made' basis covers claims that are made and reported during the policy period only and not once the policy period is over. reliable, Aon UK Limited does not warrant, represent or guarantee the accuracy, adequacy.
An insurance policy on 'Claims Made' basis meets claims that are made This means that on lapsing or cancelling a 'Claims Made' policy, the.
Definition of claims made basis: Type of insurance policy which pays only those claims that occur and are filed during the period covered by the policy. See also.