The term “occurrence” seems simple enough, but when it’s used in insurance situations, it can lead to dangerous misunderstandings, says Kevin Forbes, sales executive with ECBM Insurance Brokers and ...

Learn how claims-made insurance policies provide business coverage for late-filed claims, and compare them with occurrence policies to make informed decisions.

With certain types of insurance, consumers have access to two basic forms of business coverage options. Business owners can select either claims-made or occurrence. The only distinction between the ...