Sprinkler Leakage Legal Liability Insurance
Definition of "Sprinkler leakage legal liability insurance"
Coverage for liability for damage to property of others from untimely discharge of fire-fighting sprinkler systems. This coverage is available as an endorsement to broad-form comprehensive general liability insurance (CGL).
Popular Insurance Terms
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Technique used by insurance companies in the purchasing of debt obligations of corporations as a means to: (1) avoid the uncertainties of the market; (2) replace market negotiations with ...
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Gain when the underlying asset that moves in one direction is significantly different from the loss when the underlying asset moves in the opposite direction; for example, when gains and ...
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Basic requirements of an employee benefit insurance plan such as minimum age and years of service with an employer. ...
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