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 ...
Understand how blanket contractual liability insurance safeguards businesses from risks when assuming liability in contracts, especially in third-party arrangements.
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 ...
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 ...
Familiarity with contract law is especially critical for small-business sole proprietors and partnerships. Unlike in a limited liability company or corporation, a signed contract legally binds both ...
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 ...
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