E&O Policy Details

What are Claims-Made policies and how do they differ from Occurrence?

Policies on a “claims made” basis cover claims reported during the policy term, regardless of the date of the original transaction. CRES E&O insurance, for example, is a “claims made” policy. Coverage is triggered by the date of the claim, rather than date of the original transaction. In contrast, “occurrence” policies cover claims which occurRead More

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