Meaning coverage trigger
What does coverage trigger mean? Here you find 3 meanings of the word coverage trigger. You can also add a definition of coverage trigger yourself
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coverage triggerThe event that must occur before a particular liability policy applies to a given loss. Under an occurrence policy, the occurrence of injury or damage is the trigger; liability will be covered under [..]
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coverage triggerIn liability insurance, the “trigger” is the event that brings coverage into play. It may be either an occurrence of bodily injury or property damage; or, in a form with a claims-made trigger, the for [..]
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coverage triggerA mechanism that determines whether a policy covers a particular claim for loss. For example, the difference between the coverage triggers of liability "occurrence" forms an [..]
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