WebNov 9, 2024 · POLICY NUMBER:COMMERCIAL GENERAL LIABILITY CG 20 29 04 13THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT … WebCG 20 29-Additional Insured-Grantor of Franchise (Use with CG 00 01 and CG 00 02) This endorsement adds the party on the endorsement schedule as an additional insured. However, this is only with respect to its liability because it granted a franchise to the named insured. Coverage is limited to what the law permits.
CLC INSURANCE REQUIREMENTS as of March 2024
WebII. Grantor of Franchise Liability as grantor of a franchise to you. III. Lessors of Leased Equipment Liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole ot in part, by your maintenance, operation or use of equipment leased to you by such person(s) or organization(s). Webwith respect to their liability as grantor of a franchise to you. However: 1. The insurance afforded to such additional insured only applies to the extent permitted by law; and 2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured date in perth wa
ILLINOIS OFFICIAL REPORTS - Administrative Office …
WebVirginia Franchise Law. Virginia is a franchise registration state. Before offering or selling a franchise in Virginia franchisors must register and file their FDD with the Virginia State … WebMay 25, 2024 · A designated person or organization that grants a franchise to the named insured is granted liability, but only with respect to liability incurred as grantor of the franchise. Replaces BP-499 Ed 1.0. WebUnder their franchise agreement, the franchisee had obtained a liability insurance coverage endorsement naming the franchisor as an additional insured under franchisee’s insurance, “but only with respect to their liability as grantor of the franchise to [franchisee].” The franchisee’s liability coverage obligated the insurer to “pay ... date in parentheses