liability

liability

It is a contract whereby the insurer, for a consideration, agrees to indemnify the insured in the event the insured is held financially and legally liable for damage to another party's property or injury to another person arising from an accident due to the insured's negligence.

Types of Liability
  • Comprehensive General Liability (CGL)
  • Comprehensive Personal Liability (CPL)
  • Directors & Officers Liability
  • Money, Securities & Payroll
  • Fidelity Guarantee Insurance
  • Supplementary Payment
Coverages
  • Bodily Injury (coverage A)
  • Property Damage (coverage B)
  • Defense, Settlements, supplementary Payments
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