In a policy having multiple named Insureds, coverage for the legal liability of each party to the other.
In a policy having multiple named Insureds, coverage for the legal liability of each party to the other.
contract of insurance made with an employer or other entity that covers a group of persons identified by reference to their relationship to the entity buying the contract. The group contractual arrangement is generally used to cover employees of a common employer, members of a trade association or trusteeship, members of a welfare or employee benefit association, members of a labor union, or members of a professional or other association not formed only for the purpose of obtaining insurance.