Long-tail liability concerns exposures where claims may emerge or settle long after the underlying event or work.
The distinction that matters
A current policy does not automatically insure every past activity; trigger, retroactive dates and continuity matter.
What to check
- Keep historic policy records.
- Check notification and retroactive terms.
- Plan cover when work stops.
Example to discuss
A consultant retiring asks about run-off arrangements for claims arising from earlier work.
This is a hypothetical comparison, not a customer claim or a determination of cover.
Sources and further reading
General information only. The policy, schedule and applicable rules determine the actual position. For a personal decision, use an appropriately qualified adviser or the relevant provider.