1.Coverage A – Bodily Injury & Property Damage Liability The insurance company shall take the liability of compensation for the bodily injury and property damage to the third party that is legally due to the insured according to the insurance policy. And the insurance company is entitled and ...
any such suit, premiums on bonds to release attachments in any such suit for an amount not in excess of the applicable limit of liability of this policy, and the cost of bail bonds required of the Insured because of accident or traffic law violation arising out of the use of any vehicle...
1、commercial general liability (cgl) policy covers a basket of insurance liabilities for bodily injury and property damage as well as personal and advertising injury. generally, an exporter only needs to effect export products liability insurance to satisfy the insurance requirements of an overseas ...
The commercial general liability (CGL) policy offers coverage designed to protect businesses against a wide range of liabilities. Bodily injury and property damage coverage is central to the CGL policy, protecting the insured against claims of bodily injury or property damage that occur as a result...
(CGL) 1.CoverageA–BodilyInjury&PropertyDamageLiability Theinsurancecompanyshalltaketheliabilityofcompensationforthebodilyinjuryand propertydamagetothethirdpartythatislegallyduetotheinsuredaccordingtotheinsurance policy.Andtheinsurancecompanyisentitledandobligatedtopleadagainstactionfor damages. However,insurancecompany...
General Liability The only way to effectively protect the assets of your business is to carry adequate Commercial General Liability (CGL) insurance coverage. CGL protects your business from damages caused by bodily injury or property damage for which your business is found to be legally liable. ...
Commercial general liability (CGL) insurance is a type of policy that provides coverage to a business for bodily injury, personal injury, and property damage arising from the business’s operations, products, or injuries that occur on the business’s premises.1 ...
COVERAGE ISSUES UNDER COMMERCIAL GENERAL LIABILITY AND DIRECTORS' AND OFFICERS' LIABILITY POLICIES 来自 Semantic Scholar 喜欢 0 阅读量: 21 作者: JP Monteleone 摘要: As many lawyers and business people are all too acutely aware, employment-related litigation has been burgeoning over the past few ...
A general liability policy includes two types of coverage: premises and operations coverage and products and completed work coverage. For many classifications, these coverages are rated separately. That is, one rate applies to premises and operations coverage and another rate applies to products and ...
It’s also sometimes called business liability insurance or commercial general liability insurance. What does general liability insurance cover? Despite the fact that it has “general” in the name, general liability insurance provides liability coverage for claims related to a few specific things: a...