• An event or a series of events that result in an insured loss and a trigger of coverage. Similar, but legally distinct from an 'accident', an occurrence can include damages that take place over an extended period of time due to continuous or repeated exposure.

episode, happening, incident

Related Terms and Acronyms

  • Coverage Definition,
    • The type or amount of protection afforded by an insurance policy.
  • Exposure Definition,
    • How much liability an insurer takes on when they write an insurance policy.
  • Insurance Claim Definition,
    • An application for benefits made by an insurance policyholder after an insured event.
  • Qualifying Event Definition,
    • An event that qualifies for insurance coverage.
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