Understand how blanket contractual liability insurance safeguards businesses from risks when assuming liability in contracts, especially in third-party arrangements.

Contractual liability insurance pays for bodily injury or property damage that arises as a result of liability assumed by contractual agreement. This coverage is automatically included as part of a ...

Few provisions in general liability insurance policies are more misunderstood than contractual liability coverage. A scan of the basic insuring agreement in a CGL policy does not say that the insurer ...

Do you rely on third parties in your organization? Are you a third party to others? And have you signed agreements with these parties? For many, the answer to all three questions is “yes.” Do you know ...

What do contractual limitations on liability mean for your business? Just about every commercial contract you sign has a contractual limitation on liability. And, even if you do not sign a contract, a ...

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The sidetrack agreement is an agreement between a property owner and a railroad company that adds specific exclusions to the coverage provided by a liability insurance policy. The "sidetrack" refers ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Contractual liability insurance protects businesses ...