Torts, Negligence and Legal Liability (ABEN) Course #106859 | 3 P&C Coverage Part A of the commercial general liability (CGL) policy begins: "We will pay those sums that the insured becomes legally obligated to pay as damages because of 'bodily injury' or 'property damage' to which this insurance applies." Somewhat similar wording is found in the business auto policy, and most "general" liability coverage. These policies extend coverage when the insured is "legally liable" for specific injury or damage. But what is legal liability and how does the insured become legally liable? Legal liability is imposed by statute or the corts on the person or entity responsible for causing financial injury or damage to another "person". Legal liability can arise from intentional acts, unintentional acts or contracts (express or implied). Learning Objectives:
Torts, Negligence and Legal Liability (ABEN)
Course #106859 | 3 P&C
Coverage Part A of the commercial general liability (CGL) policy begins: "We will pay those sums that the insured becomes legally obligated to pay as damages because of 'bodily injury' or 'property damage' to which this insurance applies." Somewhat similar wording is found in the business auto policy, and most "general" liability coverage. These policies extend coverage when the insured is "legally liable" for specific injury or damage. But what is legal liability and how does the insured become legally liable?
Legal liability is imposed by statute or the corts on the person or entity responsible for causing financial injury or damage to another "person". Legal liability can arise from intentional acts, unintentional acts or contracts (express or implied).
Contact Information:Big I Maryland2408 Peppermill Dr., Ste AGlen Burnie, MD. 21061P: 410-766-0600E: info@bigimd.com
Contact Information:
Big I Maryland
2408 Peppermill Dr., Ste A
Glen Burnie, MD. 21061
P: 410-766-0600
E: info@bigimd.com
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