Glossary
Policy period
The dates coverage is in force. In claims-made insurance, both the claim and its reporting generally must fall within the policy period…
What is policy period?
The dates coverage is in force. In claims-made insurance, both the claim and its reporting generally must fall within the policy period (or its extended reporting period).
Why it matters
The twelve months your policy runs — and on claims-made coverage, the window in which claims must be made and reported. Renewal lapses break the chain and can strand prior work, so treat the renewal date as a hard deadline, not a suggestion.