Definitions for "Extended reporting period"
Also known as a "tail"; a period of time, with or without limit, which extends the CGL "claims made" policy's coverage to claims first made after the policy period for injury or damage that occurred before termination of the policy (but now before the Retroactive Date).
A provision of some claims-made policies to allow coverage for claims made after policy expiration. It may call for additional premium.
Also know as a “tail,” it is a period of time allowed for making claims after a claims-made liability policy expires.