Home » Claims made vs. occurrence coverage: What’s the difference?
Claims made vs. occurrence coverage: What’s the difference?
Riddle Brantley LLP | January 19, 2015 |
Medical professionals often obtain medical malpractice insurance, which can be either claims-made or occurrence coverage. Claims-made policies cover events that happen during the policy period (or on/or after the retro-active date) and those reported while the policy is still in place. Occurrence policies cover events that occurred during the policy period no matter when they are reported.