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单词 tail coverage
释义

tail coverage


A malpractice insurance rider or supplement to a claims-made policy that provides coverage for an incident that occurred while the insurance was in effect but was not filed by the time the insurer-policyholder relationship terminated

tail coverage

Malpractice A malpractice insurance rider or supplement to a claims-made policy that provides coverage for an incident that occurred while the insurance was in effect but was not filed by the time the insurer-policyholder relationship terminated. See Malpractice, Statutes of limitations. Cf 'Going bare. ', Nose coverage.

Tail Coverage


Tail Coverage

A form of insurance in which the insurer will pay claims on events occurring during the policy period even if they are filed after the insurance has lapsed. For example, if an employee falls off a ladder in June and the employer allows the employee's workers compensation insurance to expire in July, tail coverage would pay the claim even if the employee does not file until August.
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更新时间:2024/12/22 21:48:09