1. „Body damage“ or „property damage“ is caused by a „deposit“ that takes place in the „coverage area“: is the right to damage in accordance with all the requirements of the insurance agreement? If so, continue with exclusions, exceptions and conditions to finally confirm or deny coverage. If the loss is outside the insurance agreement, stop – there is no coverage. Since Progressive Homes5, the coverage analysis for the liability policy has expanded. The Supreme Court of Canada has found that property damage in such directives is not limited to third-party property and may include damage from one part of a building to another. The accident may include the consequences of defective treatment and the exclusion of the product or work may be limited to the damage caused by the insured to his own work. This case is a perfect example of the change in the law that has made homes progressive. The words of politics are at the heart of media coverage. This is a summary of the insurance company`s key promises, and indicates what is covered. In the insurance agreement, the insurer undertakes to do certain things, such as paying losses for guaranteed risks, providing certain services or defending the insured in liability action.
There are two fundamental forms of insurance agreement: legal obligation is the second essential condition of part A insurance contract. The directive is partly „a. We pay the amounts that the insured is legally required to pay as damages for „personal injury“ or „property damage“ to the application of this insurance. An insurance contract is the part of an insurance contract in which the insurance company specifically determines the risks for which it offers insurance coverage in exchange for premium payments at a specified value and interval. The insurance agreement generally lists exclusions for insurance coverage, so the policyholder knows the exact extent of their insurance coverage. In Buchanan v. Wawanesa Mutual Insurance Co2, a house was damaged by a water leak that led to the house settling down. The owner of the house was challenged against „any risk of property or property damage“ to his property. There was an exclusion for the implementation.
There was also an exclusion for flooding and other water damage, but this exclusion contained an exception: „If the loss or deterioration is the result of water leaks from a swimming pool, connected equipment or a public water line, you are insured.“ It may also be necessary to review the policy and any extensions or approvals that will be made to determine the scope of application. In Wingtat Game Bird Packers v Aviva Insurance4, coverage was granted: the restrictions created by these six defined terms have a direct impact on the 10 specific coverage limits contained in the coverage insurance agreement A, as described in the following section. A typical commercial and general liability allowance covers all amounts that the insured is required to pay because of the legal or liability assumed by the contractual insured for replacement damages for various listed damages, such as property damage caused by an accident or event. Of course, the specific granting of coverage will depend on the exact words of the policy, but there are principles of general application that arise from common phrases and concepts.