Servicing contractors rider

{
  "id": "MLC-T-INS-003064",
  "term": "Servicing contractors rider",
  "field": "Insurance and risk management",
  "definition": "An endorsement added to a property or general liability insurance policy that modifies coverage for risks associated with contractors performing work on the insured premises. It can extend liability protection to the property owner for acts of the contractor or, conversely, provide specific coverage for the contractor's equipment and operations. This rider clarifies responsibility for damage to property, third-party injuries, or faulty workmanship that occurs during maintenance, renovation, or repair projects.",
  "url": "https://mlchart.com/terminology/insurance/servicing-contractors-rider/"
}