Understanding the difference between a “claims-made” policy and a “claims-occurring” policy could be the key to avoiding nasty surprises when it comes to when and how you’re insured.
At McClarrons, we make sure you understand this distinction so your cover actually works the way you expect — especially in sectors like care, construction or professional services where claims can surface years after the event.
In our article we explore what a claims-made and a claims-occurring policy covers. The article also covers key implications when you switch insurers, retire, or close a business — including the need for things like run-off cover and continuing retroactive dates.
If you want to avoid gaps in cover and ensure you’re protected no matter when a claim comes in — read more here.
