Claims Made Based Coverage

{
  "id": "MLC-T-ENV-005066",
  "term": "Claims Made Based Coverage",
  "field": "Environment",
  "definition": "The trigger of coverage is a claim being made and reported during the policy period; therefore, insurance coverage is applicable only if the insured files a claim with the insurer during the period expressed in the policy.",
  "subject": "Land, waste and cleanup",
  "references": [
    "Environmental Insurance and Risk Management Tools Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/claims-made-based-coverage/"
}