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Don't Toss Those Old Liability Policies

Imagine the worst-case scenario: a customer sues you for injuries allegedly caused by one of your products. Then to make it worse: you can’t find the policy that might cover that claim.

Many general liability policies today are written on a “claims-made” basis, meaning they cover claims reported during the policy term, as long as they result from incidents occurring after the policy’s retroactive date… [354 word article, November 2011]

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