What it does
CG 27 10 04 13 is Supplemental Extended Reporting Period Endorsement. It provides the optional, unlimited-duration supplemental tail available under the claims-made coverage form when requested and paid for.
Who needs it
Claims-made policyholders and agents managing retroactive dates and tail coverage.
Key provisions and limits
- Used only with claims-made coverage forms.
Quoting and selling notes
- The request deadline and premium rules are in the claims-made coverage form (CG 00 02).
- On any claims-made placement, record the retroactive date, the date coverage first began with continuous claims-made insurance, and the extended reporting options; changing carriers without matching the retroactive date can leave prior acts uninsured.
