The 60-days' coverage after the policy period in the claims-made policy is called the

Name: The 60-days' coverage after the policy period in the claims-made policy is called the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The 60-days' coverage after the policy period in a claims-made policy is referred to as the basic extended reporting period. This allows the insured to report claims that are made against them during this 60-day timeframe after the policy has expired, as long as the wrongful act occurred during the policy period.

The 60-Days' Coverage After the Policy Period in the Claims-Made