A liberalization clause in insurance adjusts your policy as laws change, ensuring continued compliance without extra cost.
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Developers rushing to get projects off the ground can face significant risks without developing clearly defined indemnity clauses at the outset. Indemnity clauses, included in virtually all ...
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
In Amerisure v. Selective, the Second Circuit held that the subcontract terms governed the additional insured question while the other insurance clauses in the insurance policies governed the priority ...
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What Is a Coinsurance Clause in Business Insurance?
You'll likely find a coinsurance clause in your commercial property insurance policy. This clause outlines how much insurance coverage you must carry in relation to the replacement cost of your ...
Insurance policies are filled with clauses that can significantly impact your finances, often without you realizing it. Understanding these clauses can help you make informed decisions and potentially ...
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