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Additional Insureds

Inter-company indemnification agreements in underlying contracts often require not only the insured's indemnification of the would-be additional insured, but also that the indemnifying company secure CGL coverage, sometimes written as coverage that is "not less than" a certain amount.

15 minute read October 02, 2014 at 12:00 AM
By
Donald R. McMinn and John M. McNulty
Additional Insureds

As part of business agreements between companies, one company often will require that it be added to another's liability insurance policies as an additional insured.

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