What is the policy form, viz. what is occurrence form and claimCmade form?
AClaimCmade formThe insurer will pay the insured all sums which the insured shall legally obligated to pay the third party as bodily injuries or property damages as the result of claims made against the insured. This insurance does not apply to bodily injury and property damage which occurred before the Retroactive Date or after the expiry date of the policy. The bodily injury and property damage must be caused by an occurrence. The occurrence must take place in the policy territory. Shortly, claim-made form stipulates that both the occurrence date and claim-made date must be within the valid period of the policy. Occurrence form: The insurer will pay the insured all sums which the insured shall legally obligated to pay the third party as bodily injuries or property damages as the result of claims made against the insured. The bodily injury and property damage must be caused by an occurrence. The occurrence must take place in the policy territory. Shortly, occurrence form stipulates th
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- What is the policy form, viz. what is occurrence form and claimCmade form?
