What Is Commercial General Liability?
Commercial general liability (CGL) is a type of insurance coverage that protects a business from risks such as bodily ...
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Posts about Insurance Basics (2):
What Is Auto Liability Insurance?
Commercial auto liability insurance is essential for many businesses to help mitigate financial risks and comply with ...
What’s the Difference Between a Loss Payee & an Additional Insured?
Although both are entitled to insurance benefits, loss payees receive property loss coverage while additional insureds ...
What Is Workers' Comp?
Workers’ comp insurance helps pay for an employee’s medical care, lost wages, rehabilitation, and other expenses ...
Certificate of Insurance (COI) Guide to ACORD Forms
ACORD certificates are standardized forms that help businesses verify vendor coverage, with automated COI tracking ...
Everything You Need to Know About Primary & Noncontributory Endorsements
While primary endorsements designate the first party to respond to a claim, non-contributory endorsements prevent ...
What Is a Claims-Made Policy?
A claims-made insurance policy traditionally covers incidents reported while it is active.
How to Review Language in Hold Harmless Agreements
Hold harmless agreements (aka indemnity agreements) transfer the obligations from one party to another to absolve one ...
What Is Contractors Pollution Liability?
Contractors pollution liability (CPL) is a type of insurance policy that protects contractors from pollution-related ...
What Is a Loss Payee?
A loss payee is a common insurance policy designation that names who receives payment when there’s a loss.