claims made policy

claims made policy
claims made policy n: an insurance policy providing coverage only for claims that are filed during the policy period – called also discovery policy; compare occurrence policy

Merriam-Webster’s Dictionary of Law. . 1996.

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  • occurrence policy — n: an insurance policy that provides coverage for an event occurring within the policy period even if the discovery or claim is made later compare claims made policy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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  • discovery policy — n: claims made policy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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