The policy is designed for manufacturers, distributors etc of alcoholic beverages. The policy covers the liability excluded under CGL Policy. The policy is also available to bars, restaurants etc for their so called “Liquor Liability” imposed by Common Law or by Statutes. Protects the owners of an establishment in which alcoholic beverages are sold against liability arising out of accidents caused by intoxicated customers who have been served or sold the alcoholic beverages. See Also: Liability Insurance, Dram Shop Liability Insurance.”

Insurance required by a regulatory body for those having liquor licenses.

A list of Insurers or reinsures subscribing a contract, showing their relevant participations. The term is applied in Direct cargo practice also to an advice given to open cover Insurer in respect of an extraordinarily large declaration on the cover.

One who is engaged in a lawsuit.

A liability insurance provides indemnity in respect of litigation costs and expenses incurred in connection with a third party claim against the insured.