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Simple English definitions for legal terms

claims-made policy

Read a random definition: prior-use doctrine

A quick definition of claims-made policy:

A claims-made policy is a type of insurance contract that covers claims made during a specific period, regardless of when the incident occurred. This means that if someone makes a claim during the policy period, even if the incident happened before the policy was in effect, the policy will cover it. It is also known as a discovery policy.

A more thorough explanation:

A claim-made policy is a type of insurance policy that provides coverage for claims made during a specific period, regardless of when the incident occurred. This means that if a claim is made during the policy period, the policy will cover it, even if the incident happened before the policy was in effect.

For example, if a doctor has a claim-made policy and a patient sues them for malpractice during the policy period, the policy will cover the claim, even if the alleged malpractice occurred before the policy was purchased.

Another example is professional liability insurance for lawyers. If a lawyer has a claim-made policy and a client sues them for legal malpractice during the policy period, the policy will cover the claim, even if the alleged malpractice occurred before the policy was purchased.

Claim-made policies are often used in professional liability insurance, such as medical malpractice insurance, errors and omissions insurance, and directors and officers liability insurance. They are different from occurrence policies, which provide coverage for incidents that occur during the policy period, regardless of when the claim is made.

Claims Court, U.S. | claim the floor

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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