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CONTRACTUAL LIABILITY COVERAGE
It is common in construction and other agreements (written or oral) for one
party to "assume" the liability of another. This is sometimes referred
to as a "hold harmless" agreement. The extent to which one holds another
harmless varies from contract to contract, job to job, etc.
To assume the liability of another, regardless of extent, is a voluntary undertaking
which increases your exposure to loss. A standard Commercial General Liability
policy does cover this additional exposure subject to certain exclusions.
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