What does the occurrence form trigger in terms of insurance policies?

The occurrence form in insurance policies specifically triggers coverage based on the date when the injury or damage occurs. This means that as long as the event leading to a claim happens during the policy period, the insurance coverage is activated, regardless of when the claim is filed or how long after the event the policyholder waits to report the claim.

This concept is important in the context of liability insurance, as it ensures that policyholders are protected for incidents that happen while their policy is active, even if the claim is made after the policy has expired. It reinforces the notion that the timing of the actual event is what matters most in determining coverage, rather than administrative actions like issuing the policy or processing payments.