Difference between revisions of "Automobile Insurance Property Insurance And More"
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Revision as of 19:50, 24 June 2022
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Often a industrial insured's liability insurance program consists of several layers. The first layer of insurance typically consists of major insurance, which supplies first dollar indemnity for judgments and settlements as a lot as the bounds of liability of the primary policy. Generally, main insurance is topic to a deductible and obligates the insured to defend the insured towards lawsuits, which is generally completed by assigning counsel to defend the insured. In many situations, a business insured may elect to self-insure.
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