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What means liability?
A limitation (a cap) of liability clause is a contractual provision that restricts the amount of damages a client can recover from a company. Uncapped liability is a liability without a limit.
What does uncapped liability mean?
A limitation (a cap) of liability clause is a contractual provision that restricts the amount of damages a client can recover from a company. Uncapped liability is a liability without a limit.
If a car is left with a garage for repair and is crashed by garage employee can garage use general disclaimer of liability clause to escape liability?
Absolutely not. General liability disclaimer does not cover negligence.
What are the exclusion clause?
A term included in a contract that seeks to limit the liability of a party under the contract
What is the uninsured motorist clause about in the US?
The clause in a policy of insurance on a motorcycle, provides that if the owner of the motorcycle is injured by a negligent driver of another vehicle who doesn't have liability or insurance, then the insurance company will pay its insured's damages.
What is definition of sunset clause in liability insurance policy?
A sunset clause is a provision in a liability policy which states that the insurer will respond only to losses reported before some predetermined future date (sunset), usually a set period after the expiration of the policy.
When was No Excuses created?
No Excuses was created in 1994.
What is excuses in Spanish?
excusa = (he/she) excuses (verb) excusas = excuses (noun) 'disculpa/disculpas' work in the same way.
What is the definition of Extension of tenant's demolition clause?
A clause that prohibits liability for costs incurred by demolishing property that is not damaged. This is frequently done due to building ordinances that require demolition of structures after they suffer a certain amount of damage. -Sadhiq Sajahan (sms-rox)
What is the French word for the English word excuses?
les excuses
What does impervious to excuses mean?
The excuses do not 'sink in'. i.e- you will not fool me.
What is Reinsurance clauses LGT 397?
This is a reinsurance wording clause commonly used in Liability treaty reinsurance. It excludes coverage for liabilities arising in the USA or Canada, but provides a limited write-back of coverage for certain products liability/public liability/employers liability and (in the case of the latest version of LGT 397) personal liability where such coverage is incidental to the underlying policy. - The reason for that is the widespread endeavour to immunize non-US-related reinsurance treaties against US-jurisdiction.
