claims made policy

noun

: an insurance policy providing coverage only for claims that are filed during the policy period

called also discovery policy

compare occurrence policy

Dictionary Entries Near claims made policy

Cite this Entry

“Claims made policy.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/claims%20made%20policy. Accessed 23 Dec. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!