Excess Liability (Occurrence Form Clause Samples

The Excess Liability (Occurrence Form) clause establishes additional insurance coverage that applies when the limits of underlying liability policies are exhausted due to claims arising from incidents occurring during the policy period. This clause typically covers claims such as bodily injury or property damage that happen within the specified timeframe, regardless of when the claim is actually reported. Its core function is to provide extended financial protection beyond primary insurance, ensuring that the insured is safeguarded against large or unexpected losses that exceed standard policy limits.