Representations/Warranties

This coverage protects the seller in a buy/sell transaction from financial loss resulting from a claim alleging breach of a representation or warranty provided in the transaction document. Your general liability policy does not cover this exposure. Benefits of a loss mitigation program may include:

• Quantify the potential value of an unresolved liability
• Transfer finite liabilities to an insurance policy
• Establish maximum level of future financial risk, allowing the pursuit of business options previously prohibited by open claims or litigation
• Defer litigation-related expenses over time
• Optimize tax strategies and cash flow

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