Occurrence Policy

An insurance policy that covers claims only if both the incident and the claim occur during the policy period or extended reporting period.

A business professional who analyzes probabilities of risk and risk management, including calculation of premiums, dividends, and other applicable insurance industry standards.

The written contract between the insurer and insured that outlines the terms, conditions, coverage, and exclusions of the insurance agreement.

The process by which an insurer evaluates the risk of insuring a person or property and determines coverage terms and premium rates.

Additional liability insurance that provides coverage beyond the limits of your standard policies.