Contracts & Leases: Understanding and Satisfying the Insurance Requirements

As individuals and businesses enter into contract agreements, the transferring of risks must be understood in order for the insurance coverage to respond accurately to the contract requirements. The use of a contract or lease may relieve the indemnitee of certain obligations, but simultaneously create difficulties. Understanding and Satisfying the Insurance Requirements focuses on the usual contract and lease requirements and gives you an inside look of contractual liability coverage under the CGL, Business Auto and Excess Liability policies and how insureds are addressed.

Designed for producers and CSRs alike, when you attend this seminar, you will be able to answer questions stemming from risk transfer such as:

• Are liabilities assumed under a hold harmless agreement covered by the CGL policy?
• Does adding additional insureds expose the indemnitor's insurance program to unintended liabilities?
• Who is responsible for any damage to leased property?
• What requirements are uninsurable?

You will also spend time reviewing other liability policies like Pollution and Professional policies.

Program Specifics:

• SEARCH & REGISTER
• CE Approvals
• Seminar Specifics