claims-made basis

References

claims-made basis

liability insurance

Written by

The Information Architects of Encyclopaedia Britannica

Learn about this topic in these articles:

insurance
Limits of liability
…on a per-occurrence or a claims-made basis. In the former, which gives the most comprehensive coverage, the policy in force in year one covers a negligent act that took place in year one, no matter when a claim is made. If the policy is made on a claims-made basis, the…
Read More
…on a per-occurrence or a claims-made basis. In the former, which gives the most comprehensive coverage, the policy in force in year one covers a negligent act that took place in year one, no matter when a claim is made. If the policy is made on a claims-made basis, the…
Read More