Professional Liability Insurance Coverage Triggers (Claims Made)


Professional and liability policies often include a claims-made coverage trigger rather than the more common occurrence coverage trigger.  This course provides a detailed look at how both claims-made and occurrence coverage triggers function and are used in professional and management liability insurance policies.

Learning Objectives

Upon completion of this course, students will be able to: 

  • define the term “coverage trigger” and give an example of how one applies to a situation involving multiple policy periods.
  • identify the two types of coverage triggers and distinguish between the two
  • enumerate and describe the three conditions required to trigger coverage under a claims-made and reported policy that contains a retroactive date.Show how claims-made coverage triggers apply in actual claim situations
  • state and explain the two major rationales for insurers’ use of claims-made coverage triggers
  • analyze the major advantages and disadvantages of claims-made coverage triggers from the perspective of both the insurer and the insured
  • explain how occurrence coverage triggers function, illustrate their application in a claim situation, and discuss the advantages and disadvantages they offer for both insureds and insurers

Designed For

P&C producers
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

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