Extended Reporting Period definition

Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

Extended Reporting Period means the period of time after the end of the “Policy Period” for reporting “Claims” as provided in Section VIII. of this Policy.

Extended Reporting Period means the period of time after the end of the Policy Period for reporting Claims to the Company that are made against an Insured during the applicable Extended Reporting Period by reason of an act or omission, which was committed prior to the end of the Policy Period and on, or subsequent to, the Retroactive Date and is otherwise covered by this Policy.

Examples of Extended Reporting Period in a sentence

• In the event the policy is canceled, non-renewed, switched to occurrence form, or any other event which triggers the right to purchase a Supplemental Extended Reporting Period (SERP) during the life of this contract the Vendor/Contractor agrees to purchase the SERP with a minimum reporting period of not less than two years.

• The Contractor shall provide the County with a notice of the election to initiate any Supplemental Extended Reporting Period and the reason(s) for invoking this option.

• If the policy is written on a claims made basis, Contractor must provide to OGS proof that the policy provides the option to purchase an Extended Reporting Period (“tail coverage”) providing coverage for no less than one (1) year after work is completed in the event that coverage is cancelled or not renewed.

• In the event the policy is cancelled, non-renewed, switched to occurrence form, or any other event which triggers the right to purchase a Supplemental Extended Reporting Period (SERP) during the life of this Contract the AGENCY agrees to purchase the SERP with a minimum reporting period of not less than two (2) years.

• Retroactive Date and Extended Reporting Period: If any insurance required here is to be issued or renewed on a claims-made form as opposed to the occurrence form, the retroactive date for coverage will be no later than the commencement date of the project and will state that in the event of cancellation or nonrenewal, the discovery period for insurance claims (tail coverage) will be at least 36 months.

More Definitions of Extended Reporting Period

Extended Reporting Period means a designated period of time after an errors and omissions insurance policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period;

Extended Reporting Period means the period of time after the end of the Policy Period for reporting Claims to the Company that are made against the Named Insured during the applicable Extended Reporting Period by reason of an act or omission, which was committed prior to the end of the Policy Period and on, or subsequent to, the Retroactive Date and is otherwise covered by this Policy.

Extended Reporting Period means the period of time, following expiration of an insured’s "policy period", which is specified in an "extended reporting period endorsement” and during which said insured may present "written claims" to us arising out of "wrongful acts" occurring during said insured’s "coverage period" and which claims would otherwise have been covered under the terms of this policy if they had been presented to us during said insured’s “policy period”. An "extended reporting period" shall be provided only by a separate endorsement issued by us pursuant to SECTION VII K.

Extended Reporting Period. , if applicable, means the period of time after the end of the Policy Period for reporting Claims, arising out of negligent acts, errors or omissions which take place prior to the end of the Policy Period but subsequent to the Retroactive Date identified in Item 6. of the Declarations.

Extended Reporting Period means (1) the 60 day period of time following the end of the Policy Period or earlier termination of the Policy during which an Insured may provide the Company with notice of Claims per Section IX of this Policy or (2) such additional time for reporting Claims for Wrongful Acts occurring prior to the end of the Policy Period as provided in a separate Extended Reporting Period Endorsement attached to this Policy.

Extended Reporting Period means the applicable period of time after the end of the Policy Period for reporting Claims arising out of Wrongful Acts committed or alleged to have been committed prior to the end of the Policy Period and on or subsequent to the Retroactive Date, and otherwise covered by this Policy.

Extended Reporting Period means the period of time (specified in Item 7.b of the Schedule) after the end of the Policy Period for reporting Claims made against the Insured during the Policy Period or the Extended Reporting Period, arising out of Malpractice Incidents, negligent acts, errors or omissions, Accidents, libel, slander, breaches of confidentiality, incidents or events which take place on or after the Retroactive Date and prior to the end of the Policy Period or loss of Documents occurring during the Policy Period.