To compensate individuals for injuries or damages caused by the insured party

To provide financial protection against legal claims and lawsuits

To cover the cost of medical expenses incurred by the insured party

To reimburse the insured party for lost wages or income

General Liability Insurance

Product Liability Insurance

Professional Liability Insurance

Errors and Omissions Insurance

Intentional harm or wrongdoing

Failure to exercise reasonable care and attention

Violation of contractual obligations

Misrepresentation or fraud

To determine the maximum amount payable for legal defense costs

To specify the maximum amount payable for damages and settlements

To outline the types of claims covered under the policy

To define the period during which claims can be filed

To provide additional coverage beyond the limits of a primary liability policy

To cover claims excluded under a primary liability policy

To extend the coverage period of a primary liability policy

To reimburse the insured party for legal defense costs

It determines the maximum amount payable by the insurance company

It specifies the types of claims covered under the policy

It defines the period during which claims can be filed

It represents the initial amount the insured party must pay before the insurance coverage takes effect

To determine the validity of a claim

To negotiate settlements with claimants

To provide legal advice to the insured party

To investigate and assess the extent of damages

To provide legal representation to the insured party

To cover the cost of damages awarded to the claimant

To reimburse the insured party for legal defense costs

To determine the validity of a claim

Liability assumed by an individual for the actions of another person

Liability resulting from a breach of contract

Liability arising from negligence or intentional harm

Liability imposed on an employer for the actions of their employees

To define the period during which claims must be reported to the insurance company

To specify the types of claims covered under the policy

To determine the maximum amount payable for damages and settlements

To outline the deductible applicable to covered claims

They define the types of claims covered under the policy

They specify the maximum amount payable for damages and settlements

They outline the deductible applicable to covered claims

They list the circumstances or situations not covered by the policy

To specify the maximum amount payable for damages and settlements

To define the period during which claims must be reported to the insurance company

To outline the deductible applicable to covered claims

To indicate the duration of coverage provided by the policy

To modify or extend the coverage provided by the policy

To specify the types of claims covered under the policy

To outline the deductible applicable to covered claims

To define the period during which claims must be reported to the insurance company

It specifies the maximum amount payable for damages and settlements

It defines the period during which claims must be reported to the insurance company

It outlines the deductible applicable to covered claims

It outlines the terms and conditions for terminating the policy

To specify the maximum amount payable for damages and settlements

To define the period during which claims must be reported to the insurance company

To outline the deductible applicable to covered claims

To outline the terms and conditions for renewing the policy