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Chamberlain — the company's do-it-yourself line of garage door openers. LiftMaster — the company's line of garage door openers for professional installers. Raynor — the company's line of garage door openers for professional installers. This line of professional installers is slightly less common than LiftMaster.
In the United States insurance market this is known as Commercial General Liability (CGL). It is the "first line" of coverage that a business typically purchases, [ 1 ] and covers many of the common risks that can happen to any type of business, such as bodily injury or property damage on the business premises or due to the business operations ...
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.
The primary reason for professional liability coverage is that a typical general liability insurance policy will respond only to a bodily injury, property damage, personal injury or advertising injury claim. Other forms of insurance cover employers, public and product liability. However, various professional services and products can give rise ...
The electric overhead garage door opener was invented by C.G. Johnson in 1926 in Hartford City, Indiana. [1] Electric Garage Door openers did not become popular until Era Meter Company of Chicago offered one after World War II where the overhead garage door could be opened via a key pad located on a post at the end of the driveway or a switch inside the garage.
Public liability is part of the law of tort which focuses on civil wrongs. An applicant (the injured party) usually sues the respondent (the owner or occupier) under common law based on negligence and/or damages. Claims are usually successful when it can be shown that the owner/occupier was responsible for an injury, therefore they breached ...
Strict liability thus requires manufacturers to evaluate the full costs of their products. In this way, strict liability provides a mechanism for ensuring that a product's absolute good outweighs its absolute harm. [68] Between two parties who are not negligent (manufacturer and consumer), one will necessarily shoulder the costs of product defects.
Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...