Discover how occurrence policies protect against long-term liabilities, offering coverage for injuries or damages sustained during an active policy, even if filed later.

Purchasing business insurance can protect your company from damages should an incident occur. When choosing business insurance, you can buy one of two types of coverage: claims-made or occurrence.

Shelby Fishman is an assistant editor for MarketWatch Picks. Previously, she served as an assistant editor for custom content at Barron’s Group. Shelby studied broadcast journalism at Southern ...