What does Election Window mean? Read on to discover the definition & meaning of the term Election Window - to help you better understand the language used in insurance policies.
The period during which an insured under a claims-made policy may purchase an extended reporting period (ERP), following expiration or cancellation of the policy. Election windows are usually a minimum of 10 days and in some instances as long as 90 days.
We hope the you have a better understanding of the meaning of Election Window.