What Does Claims Made Coverage Trigger Mean?

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

Claims Made Coverage Trigger

Claims Made Coverage Trigger

A type of coverage trigger that obligates an insurer to defend and/or pay a claim on an insured's behalf, if the claim is first made against the insured during the period in which the policy is in force. (The term "made" means notification to an insured that a demand for money or services is being requested.)

We hope the you have a better understanding of the meaning of Claims Made Coverage Trigger.

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