occurrence based liability insurance

Insurance that covers bodily injuries or property damage suffered during the policy period.

• Each instance of injury or damage is an “occurrence” that may trigger an insured’s entitlement to benefits. The terms of occurrence-based liability insurance policies are usu. broad, limited only by specific exclusions.

— Also termed accident-based insurance.

---

词条贡献者

双语律师Jerry，毕业于一所培养最顶级翻译人才的语言学院，擅长翻译各类与欧洲隐私及安全法相关的法律文件。