Contingent Liability the liability of an insured to persons who have incurred bodily injury or property damage from work done by an independent contractor hired by the insured to perform work that was illegal, inherently dangerous, or directly supervised by the insured What is Contingent Liability , What does mean Contingent Liability , Insurance Guide, Insurance Glossary
Replacement Cost the cost of replacing property without a reduction for depreciation due to normal wear and tear. What is Replacement Cost , What does mean Re... more