What do you call an insurance policy that provides coverage for a liability claim regardless of when the incident occurred?

The term that describes an insurance policy providing coverage for a liability claim regardless of when the incident occurred is known as an occurrence policy. This type of policy ensures that if an event that may lead to a claim occurred during the policy period, the insurer will cover it no matter when the claim is filed, even if it's after the policy has expired. This means that as long as the incident took place while the policy was active, the insured is protected against any related claims, which offers a broader scope of coverage compared to claims-made policies that only provide coverage for claims made during the policy term.

The other options refer to different coverage types or limitations. Claims-made policies, for example, only cover claims that are made while the policy is active, which is a fundamental difference from occurrence policies. General liability insurance typically includes a variety of coverages but is not specific to the timing of incidents. An exclusions policy, while relevant in the context of insurance, refers to policies that specifically outline situations or conditions that are not covered, rather than providing a continuous coverage mechanism.