The retroactive date in a liability insurance policy is either – Date from which you have held uninterrupted insurance cover (despite changing insurers on renewal) or Date from which your insurer has agreed to provide The retroactive date in liability insurance policy is important because it determines how far back in time an incident can occur for your […]
Articles Tagged: Retroactive date
What is a Retroactive Date in Legal Indemnity Insurance?
Even if you are the best lawyer and have years of expertise and skills, mistakes can happen. If any of your clients file a case against you, you would have to pay not only the compensation amount (of course, if you lose) but also have to incur legal expenses. Therefore, it is essential to purchase […]