Home > Glossary

Contractual Liability Insurance

Contractual Liability Insurance

Definition

Insurance that covers liability of the insured assumed in a contract. Under the standard commercial general liability (CGL) policy, such coverage is limited to liability assumed in any of a number of specifically defined insured contracts or to liability that the insured would have even in the absence of the contract.

Related Terms

Related Products

Commercial Liability Insurance
Insurance Law Essentials
The Additional Insured Book

Navigation

Social Media

User ID: Subscriber Status:Free