Youtor
What is Contractual Liability Insurance
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=DOKbTGq4EHA
https://robfreeman.com/what-contractu... - Contractual liability insurance protects your business against liabilities that you assume when entering into a contract, including the assumption of third party bodily injury and property damage on behalf of someone else in an indemnity agreement (aka “hold harmless”). • Contractual liability insurance may be achieved in three ways: • 1) In a general liability policy through an exception to an exclusion for contractual liability in the ISO CGL form • 2) Via a separate contractual liability policy or endorsement • 3) Through a performance surety bond • Because many common contracts contain indemnity agreements, contractual liability coverage should be verified by reading your general liability policy – not simply by requesting a proof of insurance (COI). • This article describes what contractual liability insurance and indemnity agreements are and how to find relevant language in your insurance policy.
#############################
