Most definitions are similar. Insurers will pay the reasonable and necessary costs deemed necessary in order to minimize or prevent the liability and subsequent claims. This coverage can be offered either by endorsement or as a separate coverage part in the actual policy. Either way, there are se...
In the UK, contractors’ all-risk insurance covers loss and damage caused by things such as fire, water damage and flooding. It can also offer protection if your equipment or work materials are lost, stolen or accidentally damaged. For many contractors, this is a 'must-have' policy. ...
when you have an insurance policy, you will get protection from the damages and legal fees resulting from the lawsuit. The general liability insurance offers many benefits as it provides a certain level of security and value as your assets will be protected adequately. Even if there is a lawsu...
Wrap insurance (also known as a “wrap-up”)provides liability coverage for an entire construction project or multiple jobs. Because it covers everyone on the job, contractors and subs may not need to provide their own general liability coverage. The policy can be written to include both genera...
Additionally, as a business, they want to SELL THE POLICY, so they often strip down policies and Exclude Insurance Coverages that Contractors General Liability Insurance Policy SHOULD have. Be Named as an Additional Insured As a REO, MA and/or GC, make sure that you have your contractors sig...
The Contractor's Pollution Liability policy shall also include coverage for: (i) the full scope of the Contractor’s operations (on-going and completed), as described in the Contract; (ii) losses arising from pollutants, including but not limited to fungus, bacteria, biological substances, mold...
($ « » ) in the aggregate for bodily injury and property damage. § 2.5.2 Automobile Liability covering vehicles owned, and non-owned vehicles used, by the Architect with policy limits of not less than « » ($ « » ) per accident for bodily injury, death of any person, ...
The due observance and fulfillment of the terms of this Policy in so far as they relate to anything to be done or complied with by the Insured and the truth of the statements and answers in the questionnaire and proposal made by the Insured shall be a condition precedent to any liability ...
128A phenomenal demand for workers in Assam in the early 1860s—catalysed by a fresh round of “liberalisation” in the wasteland policy stimulating wild specu-lation and “boom” in the tea industry—was barely in sync with any “natural” flows of labour from within and outside the ...
We will take the time to understand your business, advising you on your mandatory and optional covers and creating a policy with the appropriate level of protection.