Insurance Glossary

Email Print This Page bookmark
Font : A-A+

Insurance Term - Occurrence

An event that results in an insured loss is known as an occurrence. In some lines of business, such as liability, an occurrence is distinguished from an accident, in that the loss does not have to be sudden and fortuitous, and can result from continuous or repeated exposure which results in bodily injury or property damage neither expected not intended (i.e., it is unforeseen) by the insured.

Health Insurance Topics

Get Health and Wellness Secrets from Our Engaging eBooks

Insurance Glossary A-Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Stay Connected

  • Available on the Android Market
  • Available on the App Store