The claims-made CGL form covers claims for bodily injury and property damage first made during which time period?

The correct response addresses the critical aspect of how a claims-made Commercial General Liability (CGL) policy operates, particularly in reference to the timing of claims. The claims-made CGL form provides coverage specifically for claims that are first made against the insured during the policy period, meaning that for a claim to be covered, it must be reported to the insurer while the policy is active.

This system underscores the importance of timely reporting and communication regarding claims, as coverage will not extend to claims made after the policy period has ended, even if the incident causing the claim occurred during the policy period. Thus, the policy emphasizes a direct relationship between the policy timeframe and the claim's initiation, which is fundamental in insurance practices, particularly in states like Mississippi.

The other responses suggest varying timelines that do not align with the parameters defined by a claims-made policy, which specifically restricts coverage to claims that arise during the active policy period itself. This distinction is vital for understanding how coverage is structured in these types of insurance policies.