Tag: claims-made policies


Claims-Made Vs. Occurrence-based Small Business Insurance Policies: How Do They Differ?

Small business insurance’s liability coverages are classified into two categories- claims-made and occurrence-based. While most commercial liability coverages fall into occurrence type, errors and omissions policies are based on claims made. Let us discuss how claims-made and occurrence-based policies differ from each other and which one you should buy. The Difference Between the Occurrence and Claims-Made Policy Occurrence Policy It

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