Backdated Liability Insurance | Insurance Glossary Definition

Home » What Happens When An Insurance Policy Is Backdated » Backdated Liability Insurance | Insurance Glossary Definition

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Home Term Insurance Definitions backdated liability insurance On This Page backdated liability insurance

Backdated liability insurance is coverage procured for claims after a loss event has actually happened.

Additional Information

This type of coverage is offered when the amount of the claim is very uncertain and potentially long delays in payment may result. The premium charged by the insurer, coupled with its investment value, is calculated to be sufficient to cover all the claims from the incident. This is not a commonly available type of coverage.

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  • Category Focus
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    • Commercial Liability
    • Commercial Property
    • COVID-19
    • Personal Lines and Small Business
    • Risk Financing and Captives
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    • Specialty Lines
    • Workers Compensation
    • White Papers
    • Free Articles
    • Videos
  • Industry Focus
    • Agribusiness Industry
    • Construction Industry
    • Energy Industry
    • Transportation Industry
    • Insurance Industry
  • Conferences
    • Agribusiness Conference
    • Construction Risk Conference
    • Energy Risk and Insurance Conference
    • Transportation Risk Conference
    • Sessions On Demand
  • Insurance Education
    • Certifications
    • Agribusiness and Farm Insurance Specialist
    • Construction Risk and Insurance Specialist
    • Energy Risk and Insurance Specialist
    • Management Liability Insurance Specialist
    • Manufacturing Risk and Insurance Specialist
    • Transportation Risk and Insurance Professional
    • Continuing Education
    • Insurance Industry Training
    • IRMI Webinars
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    • Advertise
  • Glossary
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