What is a Retroactive Date? The retroactive date is generally the first date a claims made policy is issued. As long as the policy continues to be renewed this date should not change. If the policy is replaced by another claims made policy the insured can apply for prior acts coverage with the new carrier or purchase extended reporting period (tail) coverage from the company they are leaving. If the extended reporting period (tail) coverage is issued the new policy effective date and retroactive date should be the same.