coverage trigger
The event that must occur before a particular liability policy applies to
a given loss. Under an occurrence policy, the occurrence of injury or damage
is the trigger; liability will be covered under that policy if the injury or
damage occurred during the policy period. Under a claims-made policy, the making
of a claim triggers coverage. Coverage triggers serve to determine which liability
policy in a series of policies covers a particular loss.
Links for IRMI Online Subscribers Only:
CLI II.C;
PLI VIII.B–VIII.H