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General Liability Class Codes For Commercial Insurance. General Liability Class Codes For Commercial Insurance.General liability class codes for commercial insurance are codes of numbers that insurance companies use to classify businesses into...
Coverage can be on an all risk or named hazards basis. DIFFERENCE IN CONDITIONS (DIC) COVERAGE is written to broaden other property coverage already written and in place. It is intended to provide primary coverage against causes of loss normally...
Understanding primary and non-contributory liability insurance. This means a policy must pay before other policies and without seeking contribution from other policies that also claim to be primary.
Surety Bonds Policy Information. Surety Bonds.A surety bond is a three-party contract. The parties are you or your business, known as the principal, the customer, known as the obligee, and the surety company, known as the surety.
7371 Computer Programming Services: Establishments primarily engaged in providing computer programming services on a contract or fee basis. Establishments of this industry perform a variety of additional services, such as computer software design and...
All job duties, such as ordering, billing, and disbursing, should be performed by separate individuals and reconciled on a regular basis. Receipts should be issued for any cash payments received. Bank deposits should be made on a timely basis to limit...
Physical inventories should be conducted on a regular basis to prevent employee theft of equipment. Inland marine exposures include accounts receivable if the contractor bills customers for services, computers, contractors' equipment, and valuable...
Insurance companies, brokers, agents as well as policyholders can formulate unique insurance coverage and work out premiums on the basis of the risks involved. As such, the surplus lines insurance industry has a unique ability to effectively adapt to...
Scottsdale Insurance Company Ratings. Scottsdale Insurance Company Reviews 2020 (Ratings, Complaints & Coverage).Scottsdale Insurance, also known as the Nationwide E&S Specialty Company is a US-based insurer that handles a variety of high risk...
Warehouse Operator's Risks & Exposures. Warehouse operators' legal liability will depend on the contract between the facility and its customers but should spell out who is responsible for damage to stored goods. Any items in storage must be...
