What is the retroactive date in a claims-made CGL form? Why is the retroactive date important?

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Introduction to Risk Management and Insurance

ISBN: 978-0131394124

10th edition

Authors: Mark S. Dorfman, David Cather

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Question Posted: Dec 07, 2015 06:27 AM

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What is the retroactive date in a claims-made CGL form? Why is the retroactive date important?

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The retroactive date relieves the insurer from paying claims filed during the policy period wher...View the full answer

Introduction to Risk Management and Insurance

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