An adverse contingent accident or event neither expected nor intended from the point of view of the insured. With regard to limits on occurrences, catastrophe reinsurance agreements frequently define adverse events having a common cause and sometimes within a specified time frame (for example, 72 hours) as being one occurrence. This definition prevents multiple retentions and reinsurance limits from being exposed in a single catastrophe loss.
In general, an event that triggers coverage under any policy. Specifically, an event that triggers coverage under an occurrence-based liability policy. Such a policy covers injury or damage that occurs during the policy period even if claim is brought months or even years after the policy has expired - see Claims-made for the alternate arrangement. Also see Accident.
a sudden, unexpected, unforeseen event resulting in financial loss including repeated and continuous exposure to conditions.
In epidemiology, a general term describing the frequency of a disease or other attribute or event in a population without distinguishing between incidence and prevalence. See also incidence; prevalence.
A single incident of a specific disease.
In accident or health insurance, an accident or sickness that results in an insured loss.
The facility, county, region, or state where the event occurred, irrespective of the place of residence. For example, in the tables in N.C. Vital Statistics, Volume 1, item 9 (births) and 18 (deaths) provide occurrence data. All marriage and divorce counts are by place of occurrence. Formula for Occurrence Rate
is a loss caused by, or involving one or more "employees", whether the result of a single act or a series of acts. See the CrimeSHIELD policy for its specific definitions.
An event that results in an insured loss. Coverage on an “occurrence” basis is generally considered to differ from coverage on an “accident” basis in that “occurrence” connotes gradual or accumulative damage without regard to exact time or place, whereas “accident” refers to instantaneous damage, unidentifiable as to time and place. In other words, “occurrence” may be defined as an event, or repeated exposure to conditions, that results in injury during the policy period.
A situation which exists over a period of time as opposed to an accident which can be fixed in time. It's an accident ehich can be the result of a repeated and continuous exposure to the same general harmful conditions.
Protects the insured for claims stemming from alleged incidents that take place during the policy period, even if the policy has expired or been canceled. Occurrence coverage is the most comprehensive kind of malpractice insurance.
a tool that can block execution at multiple points in a LabVIEW program until a certain event occurs
An accidental event that results in loss or damage.
1. In a non-insurance sense, an incident, event or happening. In insurance, the term may be defined as continual, gradual or repeated exposure to an adverse condition which is neither intended nor expected to result in I injury or damage, as contrasted with an accident, which is a sudden happening. In reinsurance, per occurrence coverage permits all losses arising out of one event to be aggregated instead of being handled on a risk-by-risk basis. 2. One basis or determinant for calculating the amount of loss or liability in insurance or reinsurance when an aggregation of related losses is to constitute a single subject of recovery. For example, in property catastrophe reinsurance treaties, occurrence is usually defined so that all loses within a specified period of time involving a particular peril are deemed an occurrence.
An event or series of events which causes Bodily Injury and/or Property Damage. May include repeated or continuous exposure to the same injurious condition.
Claim event that is incurred when an individual covered by a health plan first visits an emergency room, doctor, clinic or hospital.
An event that either did or potentially could have resulted in injury or loss.
A loss that occurs at a specific time and place or over a period of time.
Place of occurrence identifies where the vital event actually took place, regardless of residence.
Generally defined simply as an event or happening. In insurance policies, in addition to meaning a sudden accident, occurrence can also mean repeated or continual exposure to some event causing loss.
a happening , or an event. Liability policies are normally written on an "accident" basis. Sometimes this is broadened to include happenings or events (i.e. an occurrence basis) which are not within the "accident" definition.
An accident, including continuous or repeated exposure to substantially the same general, harmful conditions, that results in bodily injury or property damage during the period of an insurance policy.
Any incident or happening involving possible loss to a policyholder.
The event that a claim is based upon.
An event (including continuous or repeated exposure to substantially the same general conditions) which results in personal injury or property damage that was not intended, expected or planned by you or the driver of your vehicle.
The term "occurrence" commonly refers to an accident, including continuous or repeated exposures to substantially the same general harmful conditions. Many policies have a different definition of "occurrence," and what triggers a claim.
An accident, sickness or other event that results in an insured loss. Occurrence Policy. A policy that provides coverage for occurrences or events that happen during the policy period regardless of when the claim is actually made. The opposite is a "claims made" policy, which insures claims only when the claim is reported during the policy.
An event that results in an insured loss. In some lines of insurance, such as Liability, it is distinguished from accident in that the loss does not have to be sudden and fortuitous and can result from continuous or repeated exposure which results in bodily injury or property damage neither expected nor intended by the insured. (G)
In insurance lingo, this is the happening of an event that has given rise to a claim during the period of insurance. In Liability insurance, this is particularly important, as policies may sometimes be issued on a 'claims made' basis during the period of insurance, irrespective of when the injury was caused or when the negligent act in question took place.
As the term is used in this chapter, occurrence is the incidence of new cases among live births per year that are caused primarily by prenatal factors. In the spina bifida and other neural tube defects objective, identification is in the first year of life, and occurrence is reported as the number of cases per 10,000 live births per year. In the fetal alcohol syndrome objective, some children who have the condition at birth are not identified until age 4 or 5 years; occurrence is reported as a number per 10,000 live births. In the developmental disabilities objective, children with specified conditions such as mental retardation are not always identified until about age 7 or 8 years even though the conditions are usually caused by prenatal events; occurrence in these objectives is reported as a number per 10,000 children aged 8 years.
An accident, including continuous or repeated exposure to conditions, which results in bodily injury or property damage neither expected nor intended from the standpoint of the insured.
Random claims event that is incurred when an individual covered by a health plan first visits an emergency room, doctor or clinic.
Property/Casualty] an ACCIDENT or continuous or repeated EXPOSURE to conditions that result in an insured CLAIM; see also ACCIDENT
An accident or loss, including continuous or repeated exposure to substantially the same general harmful conditions, that result in bodily injury or property damage.
An accident that sometimes includes continuous or repeated exposure to the same generally harmful conditions.
A continual, gradual or repeated exposure to substantially the same general harmful conditions. General liability policies insure liability for bodily injury or property damage that is caused by an occurrence.
loss that is the result of a specific event, as opposed to a period of time.
an ACCIDENT (e.g., a customer slipping and falling in a grocery store would constitute an occurrence, and it may or may not lead to a subsequent liability CLAIM being filed for injuries).
A happening or event. Liability policies are usually written on either an accident or occurrence basis. For coverage on an accident basis, the loss or damage must be due to accident, whereas on an occurrence basis all that is required is the happening or the continual or repeated exposure to an unfavorable situation, neither intended nor expected to cause injury or damage. In re insurance and insurance, it is also the grouping of related losses into a single loss situation.
An event that results in a loss that is insured.
A continuance of a repeated exposure to conditions that result in injury.
An event that results in an insured loss. In some lines of business, such as liability, an occurrence is distinguished from accident in that the loss doesn't have to be sudden and fortuitous and can result from continuous or repeated exposure which results in bodily injury or property damage neither expected not intended by the insured.