PriMed Consulting - Medical Malpractice Brokers NY, NJ

What is Prior Acts Coverage?

7, Aug Aug, 2014
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A supplement to a claims -made insurance policy that may be purchased from a new carrier when a physician changes carriers And had Claims-Made Coverage with the previous carrier. A prior acts policy, also known as ‘nose’ coverage, covers incidents that occurred prior to the beginning of the new insurance relationship, but for which no knowledge of any claim possibility exists.