An 'Occurrence Form' insurance policy covers any damages or injuries that happened while the policy was active, regardless of when the claim is made. This ensures business protection even if claims come in years after the policy has expired.

Understanding insurance can be tough. Here's a simpler look at 'Claims-Made' policies: these are designed to cover incidents that both occur and are reported within certain time frames. This typically makes them a cheaper option as they cover a shorter period. Key takeaway? Make sure to report any incidents within your policy period to ensure coverage. Better understanding = smarter insurance decisions.

Think of a broker like a personal shopper.