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What is the Retro-Active date on a ‘claims made’ E&O policy?
A retroactive date sets the date after which claims may occur and be covered under a ‘claims made’ policy.
Losing your retroactive date creates a gap in coverage that could span several years, and would mean that the entire premium you paid for past policies is completely wasted. Avoid this at all costs.
- Hoffman Business Insurance
NOTE: The answers to coverage questions are primarily based on ISO forms generally used in Florida by most companies. However, please keep in mind that all companies’ forms are NOT necessarily the same. Some companies may provide broader coverage and some may be more restrictive.
IN ALL CASES, THE CONSUMER MUST REFER TO HIS OR HER OWN POLICY FOR SPECIFIC COVERAGE INFORMATION.
Our Melbourne Business Insurance Agency is centrally located in Brevard County, enabling us to locally serve Viera, Cocoa Beach and Palm Bay.
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