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 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.

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.

Examples of Extended Reporting Period in a sentence

• The Consultant shall procure and maintain primary insurance for the duration of the project and, if written on a Claims-Made basis, shall also procure and maintain Extended Reporting Period (ERP) insurance for the period of time that any claims could be brought (see Maine Limitation of Actions statute (14 M.R.S. §752-A)).

• In the event the policy is canceled, non-renewed, switched to an Occurrence Form, retroactive date advanced, or any other event triggering the right to purchase a Supplement Extended Reporting Period (SERP) during the life of this Contract, CONTRACTOR shall purchase a SERP with a minimum reporting period not less than three (3) years.

• If this insurance is provided on a “claims made” basis, Consultant shall continue the same coverage for 2 years, 3 years, or 6 years after completion of the Services or acquire “tail” coverage or an Extended Reporting Period endorsement for the foregoing extended period beyond Contract expiration or termination.

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. (if purchased) 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.

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 or Accidents 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 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.

Extended Reporting Period means the additional period of time in which to report a “claim” first made against the “insured” during or subsequent to the end of the “policy period”.