| First-Party Insurance |
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| An insured may submit a claim to his insurer to recover under two different categories of insurance. The categories are based on whom the insurer is required to pay. If the insurer is required to pay the insured for his loss, the insurance classification is "first-party" insurance. If the insurer is required to pay a third party on behalf of the insured due to a loss caused by the insured to the third party or the third party's property, the insurance classification is "third-party" insurance. This article addresses first-party insurance only. More... |
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| Contingent Business Interruption Insurance |
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| Business interruption insurance is a form of property insurance that reimburses a business for losses that arise due to damage to the property of the business that reduces the ability of the business to continue its operations. Contingent business interruption insurance is also available to provide coverage for business continuation losses occurring to a business when property of another business is damaged or destroyed. More... |
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| Insurance Law> Property Insurance> Exclusions Generally |
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| (Business Property Insurance Policy Exclusions) More... |
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| Pollution Exclusion |
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| The CGL Policy Exclusion for Pollution More... |
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| Indemnity vs. Liability Policies |
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| Indemnity policies More... |
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