An occurrence policy generally links cover to an event occurring during the insured period, as defined by its wording.
The distinction that matters
Claims-made cover uses a different trigger and may involve notification and retroactive-date conditions.
What to check
- Read the insuring clause.
- Check event and notification dates.
- Review continuity when switching policies.
Example to discuss
A consultant changing cover checks whether an old act and a new claim fall within either policy’s trigger.
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.