Extended Reporting Period Coverage definition
Examples of Extended Reporting Period Coverage in a sentence
Consultant’s insurance shall include minimum Extended Reporting Period Coverage of three years.
If the policy is “Claims Made”, then Extended Reporting Period Coverage (Tail Coverage) shall be purchased for three (3) years after the end of the contract.
It is understood and agreed, as respects Policies on a claims-made or losses-discovered basis, any Extended Reporting Period Coverage provided thereunder shall be reinsured hereunder, provided the date of loss is during the term of this Contract.
The entire additional premium for the Supplemental Extended Reporting Period Coverage will be deemed earned at its commencement without any obligation by the Insurer to return any portion thereof.
The Supplemental Extended Reporting Period Coverage is subject to, and a part of, the Limit of Liability set forth in Item 4 of the Declarations.
If we cancel or non-renew this Policy, this Policy will provide Automatic Extended Reporting Period Coverage.
The entire additional premium for the Supplemental Extended Reporting Period Coverage will be deemed earned at its commencement without any obligation by us to return any portion thereof.
The length of time for which the Insurer will provide Supplemental Extended Reporting Period Coverage is the Supplemental Extended Reporting Period.
The right to purchase Supplemental Extended Reporting Period Coverage will end unless the Insurer receives written notice and full payment of the premium for such coverage within thirty (30) days following the effective date of the Termination Of Coverage.
The Automatic Extended Reporting Period Coverage is subject to, and a part of, the Limits of Liability set forth in Item 4.