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What is a 'retroactive period' in liability insurance? |
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"The retroactive date sets how long before the inception of the policy that you are covered for negligent acts, error or omissions that you report during that policy. A retroactive date can match the policy inception date so that no prior acts are covered. "
From this, the retro period would be the continuous period before the retro date during which the coverage is applicable.
First answer by Sdresh. Last edit by Sdresh. Contributor trust: 877 [recommend contributor]. Question popularity: 146 [recommend question]
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