MLchartDataset catalogue

Coverage trigger

Term · Insurance and risk management · MLC-T-INS-001013

The event or condition that must occur during the policy period to activate coverage under an insurance policy. For occurrence-based policies, the trigger is the date the injury or damage occurs. For claims-made policies, the trigger is the date the claim is first reported to the insurer.

Table 1. Record
IdentifierMLC-T-INS-001013
FieldInsurance and risk management
SubjectCommercial Liability
Record as JSON 
{
  "id": "MLC-T-INS-001013",
  "term": "Coverage trigger",
  "field": "Insurance and risk management",
  "definition": "The event or condition that must occur during the policy period to activate coverage under an insurance policy. For occurrence-based policies, the trigger is the date the injury or damage occurs. For claims-made policies, the trigger is the date the claim is first reported to the insurer.",
  "subject": "Commercial Liability",
  "url": "https://mlchart.com/terminology/insurance/coverage-trigger/"
}

Record 830 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.