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2008-03-15 05:50:22
2008-03-15 05:50:22

Attorneys will often say there is no difference, when it comes to extending coverage for legal liability. However, depending the specific additional form used there might be substanial differences in the portion of the general liabilty policy that is extended to the named insured versus the additional insured. For instance, older additional insured forms (CG 2010 11/85) extended coverage to the additional insured for "Products/Completed Operations". New forms use wording such as "ongoing operations of the named insured" that limit coverage to the additional insured to the "Premise/Operations" portion of the CGL form. In addition, an additional insured generally has no right to: * Request policy endorsements or cancellation * Receive copies of the policy contract, other than the a/i form and a certificate of insurance The purpose of an additional insured is to protect the rights of another party that might become legally liable for the actions of the named insured. For instance, a landlord might become entangled in a lawsuit caused by the actions of his tenant. By naming the landlord as additional insured, the named insured extends coverage, especially defense costs, to the landlord. The tenant's insurance company would have to defend both the named insured and the additional insured. Additional insured's are a common and increasingly important part of liability insurance. It is important you make sure your agent is aware of the specific nature of the relationship you have with the additional insured, to ensure the proper additonal insured form is provided. I generally like to review my clients contracts - including leases - to make sure the policy and a/i form are compliant.


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The difference between employers liability and public liability are simple. Employer liability insurance covers only claims made by the employees against the company. Public liability covers claims against the company by the general public as well as third parties claims.

The main difference between limited liability partnership and general partnerships is limited liability. Partners of an general partnerships are liable for all debts accumulated. Partners of an limited liability partnership are enjoying limited personal liability protection. However many people may prefer to incorporate Limited Liability Company instead of an limited liability partnership.

General liability refers to products completion and labor, while cargo is specific to transportation, such as hauling equipment or goods. The cargo insurance would kick in if there was damage to the goods in transit. General liability would cover goods in your warehouse or on the docks.

Tortuous liability arises from a negligence of civil duty, patent, copyright infringement or defamation. The important difference between contracted liability and this, is that anyone can claim remedy not necessarily the contracting parties.

I think you might be confusing terms. Marine liability can be written to cover the liability from marine operations like operating cargo ships, etc. There is also hull liability (property for the marine vessels). General liability is a broader more expansive term and the policies can be written to include or exclude tons of different types of coverages, but you won't find liability coverage for marine vessels inside general liability insurance. Work with a broker to understand your risk and get the right insurance in place.

If you mean the difference between General Liability (GL) and Director's and Officer's Liability (D&O), GL typically covers your products, premises and operations, advertising and personal injury liability. D&O covers the liability arising from the operations and decisions of the directors and officers of an organization. Because directors can be personally liable for their decisions, whether for a corporation, limited liability company, non-profit or other form of an organization, D&O provides specific coverage for their liability.

Commercial General Liability Additional Insured endorsement form.

General Liability Insurance is just a form of Liability in the commercial sector. There is a difference in coverages offered in Personal Lines as opposed to commercial or business lines. A broader scope of coverage is needed if you are involved in a commercial (business) venture.

General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.

Technically, there is no difference between the two, besides the fact that many of the public and product liability risks are often covered together under a general liability policy. These risks may include bodily injury or property damage caused by direct or indirect actions of the insured. You can read more about public liability insurance on the Bizcover website in related links

The correct term is COMMERCIAL GENERAL LIABILITY. The term Comprehensive General Liability is a old term that was at one time used as well as Public and Products Liability. These terms are often used to mean the same ideal. Over the years the legal profession will contunuie to use them in a written contract. However it should be corrected to the correct term so all parties ar not confused. Often you may see the term expressed as COMMERCIAL GENERAL LIABILITY including products and completed operations.

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Strict liability is a form of civil liability, similar to negligence. The main difference between strict liability and tortious liability is that you can be held liable for any harm resulting from certain activities without any fault, simply because the activity falls within the classification of strict liability. Most states have adopted strict liability in some form, and activities that qualify fall into two general categories.

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To my knowledge there are no loss payees on general liability policies as there is no property coverage on general liability. Loss payee is a term on a property policy used to indiciate that the loss payee listed would get paid in the event there was a property claim. Most frequently a mortgagee or lender asks to be loss payee. General liability policies have additional insured endorsements to extend coverage to third parties who you may be working with.

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The cost of general liability depends on said person's life, lifestyle, and home. General liability covers many public costs and product liability risks.

Their liabilities. A limited partner is only liable on the extent of his contributed capital. While a general partner can be liable on the extent of his personal assets. A general partnership has unlimited liability for all partners while a limited partnership has limited liability. Every partner in a general partnership is fully responsible for the business's debts. -Apex

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The average premium or general liability insurance for a concert promoter depends on many factors. The figure ranges between $1000 and $2000.

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