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tail coverageA provision found within a claims-made policy that permits an insured to report claims that are made against the insured after a policy has expired or been canceled, if the wrongful act that [..]
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tail coverageFor claims-made policies, tail coverage is purchased to protect against losses or claims which have not yet been discovered or reported. In this case, a retroactive date is purchased. For occurrence policies, this is unneccesary as claims are handled according to when they happened instead of when they were reported or discovered.
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tail coverageCoverage for claims made after a claims-made policy has terminated; the extended reporting or discovery period. See Nose Coverage.
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tail coverageCoverage for claims made after a claims-made liability policy has terminated; the extended reporting or discovery period.
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tail coverageCoverage that protects the insured against all claims that arise from professional services performed while the claims-made policy was in effect, but which were reported after the termination of the policy.
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tail coverageSee Extended Reporting Period.
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