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How Long Should Tail Coverage Last?

How Long Should Tail Coverage Last?

Tail coverage, also known as an extended reporting period provision, is a benefit that can be added to a claims-made policy. Find out what it covers and whether it might be right for your business. Types of Claims CoveredĀ  A claims-made policy covers financial losses a business may experience due to wrongful acts, accidents, or mistakes. However, if the insurance policy has expired by the time a claim is filed, the company can be left unprotected. Tail coverage is designed…

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