Inception

What Does Inception Mean?

Insuranceopedia Explains Inception

Inception is a crucial detail when filing an insurance claim, as it determines whether a loss will be covered. If a person attempts to file a claim for a loss that occurred before the policy’s inception, they are unlikely to receive reimbursement, since most policies only provide coverage from the inception date onward. However, claims filed after the inception date should be covered, provided they meet the policy’s conditions.