Learn about the Mini Tail in liability insurance, a 60-day extension to the reporting time frame that allows the insured to make claims after a claims-made policy has expired.
Learn about the discovery period in surety bonds, the grace period during which insured parties can report losses following bond cancellation. Understand how this one-year term protects against unforeseen financial setbacks.
Learn about Maxi Tail in liability insurance—a crucial option providing extended reporting period for claims post expiration of a claims-made liability policy.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.