10/10/2016 8:21:00 10/10/2016 8:21:00 Whatispedia

10/10/2016 8:21:00 Sunrise Clause Sunrise Clause

Sunrise Clause

What is Sunrise Clause?

Sunrise Clause is A reinsurance clause that provides coverage for losses reported to the reinsurer during the term of the current reinsurance contract, the losses resulting from occurrences that took place during a prior period. Sunrise clauses are used to reactivate cover that no longer exists due to the existence of a sunset clause.

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