What is true about the occurrence form of CGL?

The occurrence form of Commercial General Liability (CGL) insurance is designed to provide coverage for bodily injury and property damage that occurs during the policy period, regardless of when the claim is made. This means that if an incident takes place during the coverage period, the policy will respond to claims associated with that incident even if they are reported after the policy has expired.

This characteristic of the occurrence form distinguishes it significantly from claims-made policies, which only provide coverage for incidents reported while the policy is active. The focus on the timing of the occurrence rather than the reporting of the claim is a critical aspect of the occurrence form, making it a preferred choice for many businesses seeking long-term protection.

Contextually, other options do not accurately represent the nature of the occurrence form. While proof of negligence and the specifics of what types of damages are covered can be important considerations in the broader context of liability insurance, they do not define the fundamental coverage nature of the occurrence form itself.