What Does Circumstance Mean?

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What does Circumstance mean? Read on to discover the definition & meaning of the term Circumstance - to help you better understand the language used in insurance policies.

Circumstance

Circumstance

A term used in some claims-made policies as an alternative to "occurrence." A "notice of circumstance" provision is included in some claims-made policies as a way of extending coverage for events that may produce a claim, so long as notice of the "circumstance" is given to the insurer during the policy period.

We hope the you have a better understanding of the meaning of Circumstance.

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