Difference between revisions of "Insurance Europe"
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Revision as of 20:46, 26 June 2022
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Often a commercial insured's legal responsibility insurance program consists of a quantity of layers. The first layer of insurance generally consists of major insurance, which offers first dollar indemnity for judgments and www.wangdaisj.com settlements up to the boundaries of legal responsibility of the first coverage. Generally, major insurance is subject to a deductible and obligates the insured to defend the insured against lawsuits, which is normally achieved by assigning counsel to defend the insured. In many cases, a commercial insured could elect to self-insure.
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