onyxmoney.com

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Definitions (67)

1

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Underlying insurance policy


The policy providing initial coverage for a claim until its limit of liability is reached and an umbrella or excess policy’s coverage is triggered.
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General Liability Insurance - This form of business liability insurance is the main coverage to protect your business from: injury claims


The total amount shown as a limit of this coverage establishes how much the insurance company is obligated to pay on your behalf for each incident which leads to a claim made to the company under the [..]
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general liability insurance - this form of business liability insurance is the main coverage to protect your business from: injury claims


The total amount shown as a limit of this coverage establishes how much the insurance company is obligated to pay on your behalf for each incident which leads to a claim made to the company under the [..]
Source: onyxmoney.com
This meaning has been disapproved

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General Aggregate


This is the limit the insurance company will pay on your behalf for any number of claims during the policy period- The most they will pay on one loss cannot exceed the Occurrence Limit.
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general aggregate


This is the limit the insurance company will pay on your behalf for any number of claims during the policy period- The most they will pay on one loss cannot exceed the Occurrence Limit.
Source: onyxmoney.com
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Products & Completed Operations


This form of liability insurance provides coverage for bodily injury and property damage after the work has been completed or abandoned.
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products & completed operations


This form of liability insurance provides coverage for bodily injury and property damage after the work has been completed or abandoned.
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Products Completed Aggregate


This is the limit the insurance company will pay on your behalf for any number of claims that arise from work that was completed during the policy period, but were discovered after the work had been c [..]
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products completed aggregate


This is the limit the insurance company will pay on your behalf for any number of claims that arise from work that was completed during the policy period, but were discovered after the work had been c [..]
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Owners & Contractors Protective


If you have this coverage option you can be protected against liability for actions of other independent contractors and subcontractors including liability due to your failure in supervising the contr [..]
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