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Refinance and Mortgage Encyclopedia - occurrence

Occurrence

An accidentAn unforeseen, unintended event; something unexpected; fortuitous., including continuous or repeated exposureThe possibility of loss. to substantially the same generalCoverage that pertains, for the most part, to claims arising out of the insured's liability for injuries, harmful conditionsProvisions of an insurance policy that state the rights and duties of the insured or the insurance company., that results in bodily injuryPhysical injury to a person; insured's liability for same covered under Liability Insurance policies.Cancellation or property damagePhysical injury to tangible property during the period of an insurance policyThis is the entire written insurance contract..

Occurrence

An event that results in an insuredThe policyholder - the person(s) protected in case of a loss or claim. lossThe occurrence of the event for which insurance pays..

Occurrence

Protects the insuredThe policyholder - the person(s) protected in case of a loss or claim. for claims stemming from alleged incidents that take place during the policy periodThe period a policy is in force, from inception date to expiration date., even if the policyThe written contract of insurance. has expired or been canceled. Occurrence coverageThe scope of protection provided under a contract of insurance; any of several risks covered by a policy. is the most comprehensiveProvides coverage for any direct and accidental loss of, or damage to, YOUR covered automobile and its kind of malpractice insuranceCoverage for a professional practitioner, such as a doctor or a lawyer, against liability claims resulting.
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