Manufacturer’s And Contractor’s Liability Policy
What Does Manufacturer’s And Contractor’s Liability Policy Mean?
A manufacturer’s and contractor’s liability policy is an insurance policy designed for manufacturers or contractors to cover liabilities, such as injuries that may occur during work operations. However, this type of insurance has largely been replaced by the more widely used commercial general liability insurance policies.
Insuranceopedia Explains Manufacturer’s And Contractor’s Liability Policy
Manufacturing and contracting companies often operate in hazardous environments, making injuries more likely on work sites. A comprehensive manufacturer’s and contractor’s liability insurance policy can offer strong coverage for such liabilities. However, many of these policies do not extend coverage to independent contractors. As a result, contracting companies that wish to provide coverage for independent contractors may need to purchase a separate policy or seek one that specifically includes them.
