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Tag: Occurrence-Based Insurance Policy

  • Occurrence-Based Insurance Policy

    Occurrence-Based Insurance Policy

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    Occurrence-based policies cover incidents that may cause injuries or damages that last years after they occur. For instance, if a policyholder is exposed to harmful substances like chemicals, a notable amount of years may pass by before they fall ill. With an occurrence-based insurance policy. These illnesses will be covered irrespective of how long it…