Contractual liabilities
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The term "contractual liability" means liability that one party assumes on behalf of another under a contract. Contractual liability insurance covers claims against a business that arise out of its assumption via a contract of someone else's liability.
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The term "contractual liability " means liability that one party assumes on behalf of another under a contract. contractual liability insurance covers claims against a business that arise out of its assumption via a contrect of someone else 's liability.
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