What is an occurrence of an insured event?
Asked by: Miss Whitney Wolf | Last update: November 24, 2025Score: 4.3/5 (18 votes)
What is considered an occurrence in insurance?
In insurance, an occurrence is defined as “an accident, including continuous or repeated exposure to substantially the same general harmful conditions.”
What is considered an occurrence?
What Does Occurrence Mean? In the insurance world, an occurrence refers to an event or incident that results in bodily injury or property damage during the policy period. It's a critical concept that distinguishes one-time, unforeseen incidents from ongoing or intentional acts.
What is an example of an occurrence?
Examples of occurrence in a Sentence
Getting headaches has become a common occurrence for her. the recent occurrences of the disease Lightning is a natural occurrence.
What is the difference between an accident and an occurrence in insurance?
The term "occurrence" encompasses more than just an accident because accident is narrower in scope than occurrence. This can be seen in those cases decided before the occurrence wording was adopted. Accident, according to these cases, did not include coverage for damage occurring over time.
What is an Occurrence Insurance Policy?
Why is occurrence better than claims made?
The advantage to an occurrence policy is its permanence. The period of time you are insured under an occurrence policy is protected forever by the policy you had that year. You do not need to renew or buy a tail when you leave.
Is an incident an event or occurrence?
Event (planned event): Examples: a scheduled nonemergency activity (e.g., sporting event, concert, parade, training exercise, large convention, fair, large gathering, etc.) Incident (unplanned event): Examples: An occurrence or event, natural or manmade that requires a response to protect life or property.
Which of the following would not be considered an occurrence?
Final answer: An intentional act by the insured resulting in harm would not be considered an "occurrence" under a CGL policy and is therefore not covered, as CGL policies generally exclude coverage for intentional harms.
What is the legal definition of occurrence?
occurrence n
: something that takes place. ;esp. : an accident, event, or continuing condition that causes personal or property damage that is unintended or unexpected from the standpoint of an insured party making a claim.
Which of the following is the best definition of an occurrence?
An occurrence is something that happens. Complaints seemed to be an everyday occurrence. The food queues have become a daily occurrence across the country. The occurrence of something is the fact that it happens or is present.
What is the occurrence of an event?
Occurrence of an Event
In any given experiment or trial, there is a probability that either an event occurs or it does not. The probability of the occurrence of an event lies between 0 and 1. The event E of a sample space S is said to have occurred if the outcome ω of the experiment is such that ω ∈ E.
What is a date of occurrence?
Definition: The date of occurrence of a vital event is the exact day, month and year (Gregorian calendar), as well as the hour and minute, if appropriate, when the event occurred.
What is occurrence also known as?
Some common synonyms of occurrence are circumstance, episode, event, and incident. While all these words mean "something that happens or takes place," occurrence may apply to a happening without intent, volition, or plan.
What counts as an occurrence?
An occurrence is an unscheduled absence or late arrival (Not protected by FMLA, WC, etc.). For example, arriving 30 minutes late would count as an occurrence and calling in to use sick leave, vacation, or comp time for a day would be an occurrence.
What is per occurrence in insurance coverage?
Per occurrence limit is the maximum amount the insurer will pay for all claims resulting from a single occurrence, no matter how many people are injured, how much property is damaged, or how many different claimants may make claims.
What is the occurrence of an incident?
occurrence may apply to a happening without intent, volition, or plan. event usually implies an occurrence of some importance and frequently one having antecedent cause. incident suggests an occurrence of brief duration or secondary importance.
What is an occurrence in insurance?
What Is an Occurrence Insurance Policy? An occurrence policy provides coverage for incidents that happen during your policy period, regardless of when you file a claim. These policies can be more expensive than a claims-made policy because of how long coverage applies.
What is an example of occurrence?
Street-fights are an everyday occurrence in this area of the city. Death was an everyday occurrence during the Civil War. It's still not possible to accurately predict the occurrence of earthquakes. There have been several occurrences of theft in the area recently.
Which of the following Cannot be the occurrence of an event?
The number that cannot be a probability of happening of an event is any number greater than 1 or less than 0. If the options included a number like 1.5, that would be the answer.
What is one way to determine whether an occurrence is an event or part?
The way to determine whether an occurrence is an event or part of the interaction following the event is by asking whether any long pauses or intervals occur (i.e., can the system transaction be completed without interruption?). Or is the system at rest again, waiting for the next transaction?
What is the difference between claims made and occurrence?
A claims-made policy only covers those that occur and are reported within the policy's timeframe, unless tail coverage is also purchased. An occurrence policy provides lifetime coverage for incidents that take place during a policy period, regardless of when the claim is reported.
What is the meaning of event or occurrence?
An occurrence is an instance of something or a time when something happens.
What is the time of occurrence of an event?
In forensic investigation, the time of occurrence of an event (such as time of death, time of incident) is one of the most important things to determine accurately as soon as possible. Sometimes this can only be estimated.
What is an observable event or occurrence?
In natural sciences, a phenomenon is an observable happening or event. Often, this term is used without considering the causes of a particular event. Example of a physical phenomenon is an observable phenomenon of the lunar orbit or the phenomenon of oscillations of a pendulum.