If the commercial general liability policy is a(n) _____ policy, it will cover liability for events that take place within the policy period, regardless of when the plaintiff makes a claim.
A)actual cash
B)claims-made
C)extended replacement
D)occurrence
E)replacement

Question

Quizplus · Accepted Answer

An occurrence policy covers liability for incidents that happen during the policy period, regardless of when the claim is actually made. This contrasts with a claims-made policy, which only covers claims made during the policy period.

If the Commercial General Liability Policy Is A(n) _____ Policy