Coverage
Numerous variations of this insurance type are currently available in the market. Consequently, it is essential for the policyholder/insured to meticulously scrutinize the selected option to comprehensively grasp the advantages and disadvantages of each version.
One of the most popular versions say that:
The Insurer will pay to will pay to or on behalf of the Insured all sums which the Insured becomes legally liable to pay by way of Compensation and all costs awarded against the Insured in respect of:
2.1.1. Personal Injury; or
2.1.2. Property Damage; or
2.1.3. Advertising Liability;
first happening during the Period of Insurance caused by an Occurrence within the Territorial Limits in connection with the Business& Product of the Insured.
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