What is the legal definition of occurrence?
Asked by: Winfield Jenkins | Last update: March 29, 2025Score: 4.6/5 (34 votes)
What is considered an occurrence?
“Occurrence” is often defined as an accident, including continuous or repeated exposure to substantially the same harmful conditions.
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 defined as an occurrence?
something that happens; event; incident: We were delayed by several unexpected occurrences.
How does the CGL define occurrence?
"Occurrence" has been defined in generally consistent terms in all editions of the CGL, with the current definition being: "an accident, including continuous or repeated exposure to substantially the same general harmful conditions." The provision requiring damage to be neither expected nor intended is contained in ...
What is an Occurrence Insurance Policy?
What is the difference between claims 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.
Which of the following would not be considered an occurrence according to a CGL policy?
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 concept of occurrence?
An occurrence is an instance of something or a time when something happens. If you get migraines, the doctor might ask how many occurrences of the headache you have in a month. An occurrence is an instance of something that happens repeatedly.
What is the basis of occurrence?
Occurrence basis is a type of commercial liability insurance that provides coverage for liabilities arising from events that occur during the policy period.
What is the technical meaning of occurrence?
occurrence, event, incident, episode, circumstance mean something that happens or takes place. occurrence may apply to a happening without intent, volition, or plan. an encounter that was a chance occurrence. event usually implies an occurrence of some importance and frequently one having antecedent cause.
What is another word for occurrence?
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 is the probabilities of occurrence?
Definitions: A weighted factor based on a subjective analysis of the probability that a given threat is capable of exploiting a given vulnerability or a set of vulnerabilities. See likelihood of occurrence.
What is a regular occurrence?
Regular events have equal amounts of time between them, so that they happen, for example, at the same time each day or each week.
What are the examples 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.
What is an occurrence on a homeowners policy?
In insurance, an occurrence is defined as “an accident, including continuous or repeated exposure to substantially the same general harmful conditions.” Insurers typically place a cap on the total coverage offered through such a policy.
What is the order of occurrence?
Chronological order is an arrangement of events in the order of their happening or based on the time they have occurred.
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 the difference between claims made and occurrence?
Essentially, for a claim to be considered for coverage, an occurrence-based policy needs to be active when the act or incident occurs; claims made policies have to be active when the claim is made.
What is measure of occurrence?
There are two principal measures of occurrence: prevalence and inci- dence. Point prevalence is the proportion of existing cases (old and new) in a population at a single point in time. This measure is called point prevalencea because it refers to a single point in time. It is often referred to simply as prevalence.
What does on the basis of occurrence mean?
Occurrence Basis is a policy condition under which claims that meet the policy definition of a claim, will only be considered for coverage if the event that gave rise to a claim, a.k.a., the occurrence, happened during the policy period.
Is occurrence the same as existence?
Natural language rather displays different existence predicates for different types of entities. As has often been observed, exist is in fact reserved to enduring and abstract objects, whereas occur and happen apply to events and only events.
What does fact of occurrence mean?
The occurrence of something is the fact that it happens or is present. The greatest occurrence of coronary heart disease is in those over 65. Synonyms: existence, instance, appearance, manifestation More Synonyms of occurrence.
What is general liability occurrence?
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.
Who makes a claim for payment after a loss occurs?
If your home is damaged, your home insurance company sends out an adjuster to look at the damage. The company then determines your settlement amount or how much you'll be reimbursed to make repairs.
What is the main difference between a full release settlement and a no release settlement?
What is the main difference between a Full Release Settlement and a No Release Settlement? In a Full Release Settlement, the claimant signs a release form giving up the right to additional indemnification; in a No Release Settlement, the claimant does not sign a release form.