What does cross liability mean?

Answer Cross liablity is where there are two named parties under the same insurance poliy. One may not make a claim against another and the overall limit is the same total amount.

Top Q&A For: What does cross liability mean

Insurance Cross Liability what does it mean and give some examples?

I think iit means the participation in aliabilityI think iit means the participation in aliability

Actually what means cross liability?

Cross liability, sometimes referred to as "Joint Liability"is an instance where more than one person or entity is considered liable for a loss or injury.

What does"cross marketing"mean?

Cross marketing is when businesses use several avenues of marketing that complement each other to get their products in front of potential buyers. To successfully cross market, find complimentary p... Read More »

What does the Red Cross symbol mean?

The Red Cross, as well as the Red Crescent and the Red Crystal are symbols intended to convey Mercy and Absolute Nuetrality.