Understand how blanket contractual liability insurance safeguards businesses from risks when assuming liability in contracts, especially in third-party arrangements.
Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Contractual liability insurance protects businesses ...
Few provisions in general liability insurance policies are more misunderstood than contractual liability coverage. A scan of the basic insuring agreement in a CGL policy does not say that the insurer ...
What do contractual limitations on liability mean for your business? Just about every commercial contract you sign has a contractual limitation on liability. And, even if you do not sign a contract, a ...
Contract review allows you to evaluate potential risk exposures and ensure that you limit your liability when working with third parties. Establishment of a contract review program begins with the ...
The sidetrack agreement is an agreement between a property owner and a railroad company that adds specific exclusions to the coverage provided by a liability insurance policy. The "sidetrack" refers ...
Contractual liability insurance pays for bodily injury or property damage that arises as a result of liability assumed by contractual agreement. This coverage is automatically included as part of a ...