Construction litigation often prompts an inquiry into the scope of insurance coverage. A defending contractor may look to its comprehensive general liability (CGL) policy for coverage of claims involving personal injury, property damage, breach of warranty, faultyMack, Nina Reid...
【英文合同模板】AIA_A201_generalconditionsofthecontractforconstruction.pdf,Document A201TM – 2007 General Conditions of the Contract for Construction for the following PROJECT: (Name and location or address) ___ ADDITIONS AND D
in addition to the applicable limit of liability: (a) all expenses incurred by the Company, all costs taxed against the Insured in any suit defended by the Company and all interest on the entire amount of any judgment therein which accrues after entry of the judgment and before the Company...
and employers’ liability insurance, but it also allows the owner and contractor to include project-specific insurance, like asbestos abatement liability insurance if it is required for the project. Terms regarding waivers of subrogation, performance bonds and payment bonds are also included in the A2...
General liability insurance: Specifies the need for general liability insurance, which covers incidents like property damage and personal injury that could occur during the construction project. It details the coverage limits and who should provide this insurance. Workers' compensation insurance: Requires ...
Minimize your risks:Managing the risks and vulnerabilities of your business can help lower the cost of your general liability plan. These practices can help lower your insurance costs: Investing in a security system Installing a sprinkler system ...
Commercial general liability (CGL) coverage is similarly useless most of the time. For example,...Coverage Concepts for Intellectual Property... RS Betterley - Coverage Concepts for Intellectual Property 被引量: 6发表: 2001年 Liability Insurance Coverage for Construction Defect Claims The article focu...
General liability insurance is essential for the construction workers and contractors because it offers protection from all kind of risks that exists in the construction industry. Moreover, even when any accidents take place at the construction site, the insurance will keep the assets and investments...
If a construction company doesn't finish a project on time or as promised, customers are likely to sue them for it. Healthcare: The lawsuits that plague the healthcare industry are more on the professional liability end. Claims of misdiagnosis, malpractice, incorrect prescriptions, and much ...
The first step in determining how much general liability insurance you need is to assess the potential risks associated with your business. For example, if you operate a construction company, you will likely need more coverage than a small retail shop because construction projects come with a high...