claims-occurrence policy

claims-occurrence policy definition - business

claims-occurrence policy

An insurance policy in which the insurer is responsible for claims made because of events that take place during the period the policy is in force. A claim can be filed after a policy is no longer in force.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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