For a claim to be considered made on the last day of the policy period, how many days after expiration must it be recorded?

For a claim to be considered made on the last day of the policy period, it must generally be reported within 60 days after the expiration of the policy. This is particularly relevant in contexts where claims must be submitted in a timely manner to ensure coverage under the policy. Insurers often stipulate this requirement to manage liability effectively and to maintain a fair claims process, ensuring that claims are processed while relevant information is still readily available.

In many insurance policies, this window reflects the necessity for insured parties to promptly notify their insurer about incidents that might lead to claims. A 60-day reporting requirement aligns well with industry practices that balance the interests of both insurers and policyholders, allowing sufficient time for the insured to recognize potential claims and report them without unnecessary delay.