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What else can I help you with?
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.
Is A property or liability insurance policy a business or liability contract?
A property is not a contract or a business. A liability insurance policy is a kind of contract but not a business. the answer is b...
Is a hold-harmless clause part of a contractual liability policy?
A hold-harmless clause is not inherently part of a contractual liability policy, but it can be related. Such a clause typically requires one party to assume the liability of another, and while it may be included in contracts covered by a liability policy, the policy itself primarily focuses on providing coverage for specific liabilities. It's important to review the terms of both the policy and the contract to understand how they interact regarding liability and indemnification.
Are defense expenses paid in a contractors professional liability policy?
A Professional liability insurance Policy, as well as a contractors General Liability Insurance policy will provide coverage for the cost of legal defense.
What is excess insurance mean on an subcontractors insurance?
The term 'excess' insurance is usually for liability coverage. An excess liability policy is also commonly referred to as an 'umbrella' policy because it offers additional coverage over other liability coverages. In the case of a subcontractors insurance, it would be a policy which would extend higher limits than the base policy on general liability and auto liability.
What is incontestability clause in life insurance policies?
You can find this by looking at the "Incontestable Clause" in your life insurance policy. The "Incontestable Clause" states that after the life insurance policy is in force for two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
What is the definition of a Sunrise clause in Commercial General liability policy?
A Sunrise clause in a Commercial General Liability (CGL) policy refers to a provision that automatically extends coverage for certain claims that arise from incidents occurring before the policy's inception date, as long as those incidents were not known to the insured at the time of purchasing the policy. This clause helps protect businesses from potential liabilities that may surface after a new policy starts, ensuring continuity of coverage for prior risks. It is often subject to specific conditions and limitations outlined in the policy.
Is 72 hour clause in engineering insurance policy advantage or disadvantage?
The 72-hour clause in an engineering insurance policy is an advantage to the homeowner and not a disadvantage.
Does a liability insurance company have to release a copy of the insurance policy to the claimant?
No.
You are starting a residential cleaning business Should you get general liability insurance or professional liability insurance?
You need a commercial general liability policy.
What does general liability insurance cover?
The amount of coverage and the specifics of coverage will vary from policy to policy. In general liability insurance will cover damages to individuals or entities other than the insured individual. For example, in auto insurance liability insurance will provide for individuals injured in an accident excluding the policy holder.
This form of insurance is also called as a success protector policy?
General liability insurance, or umbrella policy
