What Does Claims Occurrence Basis Liability Coverage Mean?

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

Claims Occurrence Basis Liability Coverage

Claims Occurrence Basis Liability Coverage

Claims occurrence basis liability coverage is liability coverage that provides financial reimbursement for any covered claim that occurs during the policy period. It will even cover claims that are made after the policy is cancelled, but which are filed for events that happened during the policy period.

We hope the you have a better understanding of the meaning of Claims Occurrence Basis Liability Coverage.

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