Date on a claims-made policy which triggers the beginning period of coverage prior to the effective date. A retroactive date is not required. If one is shown on the policy, any claim made during the policy period on a loss that occurred before the retroactive date will not be covered.
Date on a "claims made" liability policy which triggers the beginning period of insurance coverage. A retroactive date is not required. If one is shown on the policy, any claim made during the policy period will not be covered if the loss occurred before the retroactive date.
The date on a claims-made form that begins the period of coverage. If there is a retroactive date, any claim made during the policy period will not be covered if the loss occurred before the retroactive date.
Computed date that an offender began serving his or her sentence under the custody of NDOC, including time served prior to, during, and after the trial. The sentence date, minus days served in jail prior to arrival at NDOC.
A date that may be entered by the insurer on the Declarations Page of a “claims made” policy. This provision establishes that no claims for injury of damage that occurred before the retroactive date will be covered by that policy.
The date on the Declarations page of a policy that indicates the first date on which a covered peril may occur and be considered a covered loss. (See also, Effective Dates.)
A provision found in all Claims-Made and Reported policies that restricts coverage to injuries or damages ("wrongful acts") occurring on or after this specified date. Typically the Retroactive Date will be the effective date of the first Claims-Made policy purchased by the Insured.
The first date on or after which professional services giving rise to a claim may be covered during the policy period. This date is specified either in the Declarations Page or in any endorsement attached to our policy as the retroactive date for the named insured.
The date stipulating the period for which coverage was respond to claims made prior to the policy's effective date.
Under the claims-made CGL form, a date stipulated in the Declarations as the first date on which an event may occur and be covered by the policy if a claim is filed.
In the history of Liability Insurance, the date after which claims can occur and be covered by the policy.
For certain types of coverage to apply, the wrongful act must have occurred after the retroactive date, and the claim must be made during the policy term. See "Claims Made Coverage."
The earliest date for which coverage is afforded under a claims-made form. Usually the effective date of the first year of such policy form provided to the insured.
The date on a claims-made policy which denotes the commencement date of coverage under the policy.
in claims-made liability policies, the earliest date that an occurrence could have taken place for the resulting claim to be covered by the policy. The more recent the retroactive date, the less the insurance company's exposure. A claims-made policy with no retro date is said to have "full prior acts" coverage--i.e., the policy will accept claims no matter how long ago the occurrence took place. (See CLAIMS-MADE COVERAGE)
The date that defines the extent of coverage in time under claims-made liability policies. Claims resulting from occurrences prior to the policy’s stated retroactive date are excluded.
