Which statement best describes occurrence-based malpractice coverage?

The statement that occurrence-based malpractice coverage is not affected by retirement or job changes accurately captures a key feature of this type of insurance. Occurrence-based coverage protects the insured for claims arising from incidents that occur during the policy period, regardless of when the claim is filed. This means that even if a healthcare provider retires or changes jobs, they will still be covered for any malpractice claims related to incidents that took place while the occurrence policy was active.

This type of coverage is particularly beneficial for professionals who may face lawsuits long after the events in question, as the protection remains intact even after the provider has stopped practicing. In contrast, claims-made policies require that the insurance be in effect both when the incident occurs and when the claim is made, which means that coverage could lapse if a provider retires or does not maintain a policy after leaving a position.