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CLAIMS MADE/OCCURRENCE DISCLOSURE NOTICE THE POLICY YOU ARE APPLYING FOR MAY CONTAIN BOTH CLAIMS MADE AND OCCURRENCE COVERAGES. PLEASE READ THE POLICY IN ITS ENTIRETY. SOME OF THE PROVISIONS CONTAINED
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How to fill out what is an occurrence-based

01
Understand the concept of what is an occurrence-based, which is when an event is covered under an insurance policy if it occurs during the policy period, regardless of when a claim is filed.
02
Review your insurance policy to determine if it is occurrence-based or claims-made.
03
Keep track of any incidents or events that may lead to a potential claim, ensuring they fall within the policy period.
04
Report any occurrences to your insurance company as soon as possible to initiate the claims process.

Who needs what is an occurrence-based?

01
Individuals or businesses looking for continuous coverage for events that may have occurred during a specific period, regardless of when a claim is filed.
02
Those who want to ensure they are protected for incidents that may have occurred but were not discovered until later.

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An occurrence-based refers to a type of insurance policy that provides coverage for incidents that occur during the policy period, regardless of when the claim is filed.
Typically, businesses and professionals who have liability insurance policies may need to file information related to occurrence-based coverage.
Filling out an occurrence-based form usually involves providing details about the incidents covered, the timeframe of the occurrence, and filing it through the designated insurance provider's platform.
The purpose of an occurrence-based policy is to protect the policyholder from claims arising from incidents that happen during the coverage period.
Information such as the date of occurrence, nature of the incident, amounts claimed, and any related documentation must be reported.
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