Webthe inclusion of a “Cross Liability Clause” (similar to the cover used in General Liability). This is a desirable option; however, if the PI/L policy is required by the Owner, as usually is the case, the Owner can refuse this “improvement” for a couple of reasons: I. For the Owner, this extension can restrict WebCover for cross liability It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, the third party liability cover of the Policy shall apply to the insured parties named in the Schedule as if a
What a Difference a Word Makes: "Any Insured" Cross Liability …
WebA cross - liability clause, or separation of insureds clause, will be included in all general liability, professional liability, pollution and errors, and omissions policies required by this Agreement. The procuring of required insurance shall not be construed to limit Contractor ’s liability under this Agreement. WebSep 26, 2024 · Cross liability and severability of interest are clauses in commercial insurance contracts. These clauses mean that the insurance policy applies separately to … blasius and sons upright piano
Cross Liability a.k.a. Severability Interests Municipal Insurance ...
WebNov 30, 2015 · A cross liability clause in an insurance policy obliges the insurer to protect each insured as if a separate policy had been issued to each party. Where the landlord is to be a named insured under a tenant's policy, a prudent landlord may require a clause in the lease that the insurance policy is to contain a cross liability clause. Webclause. 名詞. 1. 主語 と 述語 を含む が 完全文 を 形成 しない 表現. ( an expression including a subject and predicate but not constituting a complete sentence) 2. ( 法令 、 契約書 、 遺言書 のような ) 法律上の 文書 の 独立した 節. (a separate section of a legal document ( as a statute or ... WebNov 5, 2024 · A cross liability clause is included as standard on most Commercial General Liability (CGL) policies as a way to separate the insureds. In some umbrella … frank armenia new york