Provisions that permit insureds to report incidents or circumstances that may
result in claims in the future, found mainly in professional liability
insurance policies written with claims-made coverage triggers. Discovery
provisions, which are also known as "awareness" or "notice of
potential claim" provisions, allow an insured to lock in coverage for such
events so that coverage will apply under the current claims-made policy,
regardless of how far in the future a claim is eventually made in conjunction
with the incident that has been reported.