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Canada (161,862)
Business (2,391)
BU353 (31)
Chapter 18

Chapter 18.docx

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Department
Business
Course
BU353
Professor
Heather Graham
Semester
Fall

Description
Chapter 18 Commercial Insurance Contracts4 Major PropertyCasualty Insurance ProductsPropertyLiability or CasualtyMultiplePerilFidelity Surety and GuarantyFirstparty coverage Covers awards Covers both Protects against loss of buildings settlements and property and caused by other parties contents and defense costs for liability risks in a insurer usually can associated loss of injuries to third partiessingle policysubrogateuse or income1Fire and allied1General Liability1Commercial1Surety bonds2MarineEmployersmultiperil guarantees 23Crimeliability2Commercialperformance3Medicalautomobile2Fidelity bondsmalpractice3Boiler and covers specified acts of machinery oremployee dishonesty professional liability equipment3Financial guarantees4Otherbreakdown provides mortgageprofessional insurance guarantees credit liabilityEBIenhancement5Environmental4Aircraft liability6Employment practices liabilityExposure diagrams are a useful method o
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