When will coverage revisions under the Commercial Property Liberalization Clause apply automatically to existing policies?

The Commercial Property Liberalization Clause is designed to ensure that policyholders benefit from broader coverage that may be introduced while their policy is in effect. Option B is correct because the clause specifies that any revisions to coverage that expand or enhance the benefits of the policy will apply automatically to existing policies if those revisions are adopted during the policy term. This provision is intended to provide continuous improvements in coverage without requiring policyholders to alter their contracts, illustrating the insurer's commitment to keeping pace with changes in the market or regulatory environment.

As for the other choices, they do not align with the specifics of the Commercial Property Liberalization Clause. Coverage revisions would not automatically apply simply upon renewal of a policy, at the end of the policy period, or when a claim is made if those revisions were not adopted during the policy term.