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Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.
Quotes about strength and love “The value of love will always be stronger than the value of hate.” —Franklin D. Roosevelt “It is good to love many things, for therein lies the true ...
Inspirational Quotes About Success "Life is 10% what happens to you and 90% how you react to it." — Charles R. Swindoll “Change your thoughts, and you change your world.”—
Umbrella insurance is a form of liability insurance that provides coverage when liability exceeds the limits of other insurance policies, such as auto insurance or homeowners insurance. It can also act as primary insurance for losses not covered by those underlying policies, distinguishing it from excess insurance , which typically only extends ...
76. "It is better to be alone than in bad company.” — George Washington. 77. "Once you figure out what respect tastes like, it tastes better than attention. But you have to get there ...
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
General insurance or non-life insurance policy, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance .
And if you lease your car, you may even have to purchase a certain amount of liability coverage — often 100/300/50 — as part of the lease agreement. Your coverage levels may also depend on the ...
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