Occurrence coverage definition

Occurrence coverage means an insurance policy that provides liability coverage only for injury or damage that occurs during the policy term, regardless of when the claim is actually made. A claim made in the current policy year could be charged against a prior policy year, or may not be covered, if it arises from an occurrence prior to the effective date.
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Occurrence coverage means an insurance coverage that provides liability coverage only for injury or damage that occurs during the Coverage Form term, regardless of when the "claim" is actually made. A "claim" made in the current Coverage Form year of an occurrence Coverage Form could be charged against a prior Coverage Form year, or may not be covered, if it arises from an occurrence prior to the effective date.
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Occurrence coverage means coverage for acts that occur during a coverage period.
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Examples of Occurrence coverage in a sentence

  • Tenant’s General Liability insurance shall be written on an industry standard Commercial General Liability Occurrence coverage form (CG 00 01) (“CGL”) form, and shall provide insurance for personal injury, bodily injury and property damage liability to include the following usual coverages: (i) premises and operations; (ii) products and completed operations; (iii) blanket contractual liability; (iv) broad form property damage; and, (v) fire damage liability.

  • The insurance coverage required under this Agreement must be Occurrence coverage and maintained by each Vendor for a minimum period of five (5) years following any purchase by Kroger or as long as the Products are still held by Kroger for resale or use, whichever is longer.

  • Occurrence coverage $1,300,000 per occurrence General Aggregate $3,900,000 Professional liability insurance coverage shall provide “occurrence” coverage; provided however if such coverage is “claims made” coverage, it must include tail coverage for at least two and one-half (2 ½) years after this Agreement terminates or expires.

  • The insurance coverage required under this Agreement must be Occurrence coverage and maintained by each Vendor for a minimum period of five (5) years following any purchase by UA.

  • The PROJECT SPONSOR shall purchase and maintain Occurrence coverage with combined single limits for bodily injury, personal injury, and property damage of $750,000 per claim and $1,500,000 per occurrence to cover such claims as may be caused by any act, omission, or negligence of the PROJECT SPONSOR or its agents, employees, or contractors or their officers, agents, representatives, assigns or subcontractors.

  • The Contractor shall purchase and maintain Commercial General Liability (Occurrence coverage), to include bodily injury, personal injury, and property damage, with combined single limits of $1,000,000 per occurrence and $2,000,000 per aggregate per year to cover such claims as may be caused by any act, omission, or negligence of the Contractor or its officers, agents, employees, representatives, assigns, or subcontractors.

  • Occurrence coverage for medical malpractice begins on the effective date of the Texas Medical Board institutional permit.

  • NICUSA shall purchase and maintain Occurrence coverage with combined single limits for bodily injury, personal injury, and property damage of $1,000,000 per occurrence and $2,000,000 aggregate per year to cover such claims as may be caused by any act, omission, or negligence of NICUSA or its officers, agents, representatives, assigns or subcontractors.

  • The Conservancy shall purchase and maintain Occurrence coverage with combined single limits for bodily injury, personal injury, and property damage of $1 million per occurrence and $1 million aggregate per year to cover such claims as may be caused by any act, omission, or negligence of the Conservancy or its officers, agents, representatives, or assigns related to per performance of work under this Amendment.

  • Said insurance shall provide "Occurrence" coverage, not "Claims Made" coverage and verification of occurrence coverage must be indicated on the Certificate of Insurance or letter of self-insurance.


More Definitions of Occurrence coverage

Occurrence coverage means coverage for acts or omis- sions occurring during the period in which a self−insured plan is in effect.
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Occurrence coverage means the coverage of claims arising from incidents occurring during the policy period, regardless of when claims relating to such incidents are made.
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Occurrence coverage means, per InsWeb Insurance glossary, a policy form providing liability coverage only for injury or damage that occurs during the policy period, regardless of when the claim is actually made. For example, a claim made in the current policy year could be charged against a prior policy period, or may not be covered, if it arises from an occurrence prior to the effective date. Contrast with Claims-Made Coverage.
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Occurrence coverage means you are covered even if the suit is filed years after the lease agreement ends, given that the injury occurred during the term of your lease or the term in which you have selected coverage under this policy and provided that you are in compliance with your lease agreement at the time of the accident
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Occurrence coverage means malpractice liability insurance for medical malpractice that occurs during the policy term, regardless of when the claim was reported;
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Occurrence coverage. Where the basis of the coverage is Occurrence Coverage as stated within the Schedule (Occurrence Converge), this insurance shall apply in respect of Damages occurring during the Period of Insurance (as mentioned in the Schedule).
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Related to Occurrence coverage

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Creditable coverage means with respect to an individual, coverage of the individual under any of

  • Debt Service Coverage means that for every $1.00 of debt service required to be paid there must be $1.15 of Net Operating Income available. A worksheet for the calculation of Debt Service Coverage is found in the Report of Operations attached hereto as Exhibit "H" and incorporated herein by this reference.