WebContingent BI/PD is bodily injury or property damage liability that arises indirectly from your work as a real estate agent. So what are some examples of these claims? A client trips on the stairs after the agent forgot to warn them about needed repairs. A dog in the yard bites a homebuyer as they walk up to the door of a home on the market. WebEvery accident resulting in bodily injury or property damage is due to a negligent act B. The claimant must demonstrate that the actions of the insured were the direct or proximate cause of the claimed injury or damages C. In every accident there is one or more negligent parties D. An uninjured party to an accident is presumed to be negligent
Cyber Liability: The Bodily Injury Gap Lamb Insurance Services
WebApr 4, 2024 · Contingent bodily injury. Product liability insurance can pay for contingent bodily injuries – which are client or customer injuries that can be indirectly linked to your professional service. Other common questions about professional liability insurance. WebCoverage for Professional Services performed for any Related Entity in their Capacity as a client. Broad Definition of Professional Services. Contingent Bodily Injury and Property Damage Coverage. Mediation Deductible Credit up to $25,000. Retired Employee Consultant Coverage. 50/50 Settlement Clause. Multi-Year Bilateral Extended Reporting … rlp add schule
Contingent Auto Liability Insurance — Do You Need it?
WebBodily Injury or Property Damage shall be $ , no matter how many: (1) Insureds this policy covers; (2) Claims are made; (3) Persons or organizations make Claims; or (4) Wrongful … WebJun 7, 2010 · Yet when asked if that means they now cover bodily injury and property damage arising from professional services, they had to add a "Contingent Bodily Injury and Property Damage Endorsement" to make it clear that they were covered! Quite obviously, any professional liability policy will have to be carefully reviewed for such … WebOct 7, 2024 · Product liability insurance can help your business pay for lawsuits over contingent bodily injuries – which are client or customer injuries indirectly linked to your … smt phone cards