| Exclusions in Aviation Insurance Policies |
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| The aviation industry is highly regulated. Exclusions in aviation insurance policies relating to violation of such regulation have raised special issues. More... |
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| Mass Marketing |
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| Mass marketing in the insurance field is the presentation of a selling message to induce a number of insureds at one time to purchase insurance policies. It has changed the traditional method of selling insurance on a one-on-one basis. More... |
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| The CGL Policy Liquor Liability Exclusion |
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| The comprehensive general liability (CGL) policy protects the insured from liability to third parties for personal injury and property damage caused by the insured. However, there are various exclusions from coverage in the standard CGL policy, including Exclusion C for liquor liability. More... |
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| Calculation of the Loss - Actual Cash Value or Replacement Value |
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| In paying the loss suffered by a policyholder when property is damaged or destroyed, an insurance company normally will consider its obligation to be to pay the present or depreciated value of the property just before its loss. Thus, destruction of a well-used item could result in a minimal recovery for the policyholder. A policyholder may purchase a relatively inexpensive rider to the policy providing for reimbursement of the replacement value of the damaged or destroyed item. Examination of the insurance policy and any rider should provide details on coverage under the policy for either actual cash value or replacement value. More... |
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| The CGL Policy Exclusion for Contractual Liability |
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| The comprehensive general liability policy insures the policyholder against liability for personal injuries or property damage to third parties caused by the acts of the policyholder. There are various exclusions from such coverage in the standard CGL policy, including the exclusion for contractual liability.
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