Final answer:
Claims-made insurance provides coverage only for claims made during the policy period, regardless of when the injury or damage occurred.
Step-by-step explanation:
A type of liability insurance that covers the insured only for those claims made (not for any injury occurring) while the policy is in force.
The correct answer to the question is true.
This type of liability insurance is known as claims-made insurance. It provides coverage only for claims that are made during the policy period, regardless of when the injury or damage occurred.