What is defined as an accident that includes repeated exposure to harmful conditions?

The correct choice, which is "Occurrence," is defined in insurance terms to encompass an accident that results in bodily injury or property damage over a period of time due to continuous or repeated exposure to harmful conditions. This means that rather than being a single, isolated incident, an occurrence can involve ongoing circumstances that lead to adverse effects, such as exposure to toxic substances or other hazardous environments.

The term "Occurrence" is crucial in understanding how insurance policies, particularly those related to commercial liability, address claims. This definition includes not just one-off accidents, but also situations arising from long-term exposure where the impacts may not be immediately evident. This captures a broader scope of risk and potential liability for insured parties.

In contrast, the other terms presented may have different meanings within an insurance context. An "Incident" could refer to any specific event that leads to a claim but does not necessarily imply ongoing effects. An "Event" typically denotes a discrete happening and may not include the idea of repeated exposure. "Accidental loss" usually describes a loss that results from an unforeseen event, which may not inherently involve the continuous exposure factor that defines an occurrence. Understanding these definitions and their implications is crucial for recognizing how insurance coverage applies in various scenarios.