Broad form contractual liability insurance
Term · Insurance and risk management · MLC-T-INS-000613
A type of contractual liability coverage that extends to a wider range of assumed liabilities than basic coverage, including certain hold harmless agreements. This form typically covers liability for negligence of the indemnitee, joint negligence, and sole negligence of the indemnitee. It offers more extensive protection for contractual obligations.
| Identifier | MLC-T-INS-000613 |
|---|---|
| Field | Insurance and risk management |
| Subject | Commercial Liability |
Record as JSON
{
"id": "MLC-T-INS-000613",
"term": "Broad form contractual liability insurance",
"field": "Insurance and risk management",
"definition": "A type of contractual liability coverage that extends to a wider range of assumed liabilities than basic coverage, including certain hold harmless agreements. This form typically covers liability for negligence of the indemnitee, joint negligence, and sole negligence of the indemnitee. It offers more extensive protection for contractual obligations.",
"subject": "Commercial Liability",
"url": "https://mlchart.com/terminology/insurance/broad-form-contractual-liability-insurance/"
}
Record 386 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.