What does an occurrence form in insurance cover?

An occurrence form in insurance is designed to cover claims that arise from incidents occurring during the policy period, regardless of when those claims are reported or filed. This means that even if a claim is made after the policy has expired, as long as the incident that led to the claim occurred while the policy was active, it will be covered. This type of policy offers a long-term protection and peace of mind because it ensures that incidents happening during the active coverage period are protected from future claims, providing coverage even after the policy ends.

This longevity and breadth of coverage is essential, particularly in fields like healthcare, where incidents may not come to light until much later, ensuring that providers are protected against claims that might arise unexpectedly after they have moved on from a patient or facility.