Joint and Several Liability Insurance Coverage Explained

Joint and Several Liability Insurance Coverage Explained

Joint and Several Liability def: A legal doctrine applying in some jurisdictions that allows an injured person to sue and recover from any one or more of several wrongdoers at his or her option, regardless of that wrongdoer’s degree of negligence. The injured party cannot receive double compensation but can choose to recover 100 percent of a damages award from any defendant who is found liable to any extent. See also Several liability.

The Need For Joint and Several Liability Insurance Coverage Differs By Geography

When operating in a jurisdiction where Joint and Several Liability is a potential legal outcome it’s important to ensure your policy is properly structured.  Speak to ALIGNED Insurance Advocate to learn more about Joint and Several Liability and other ways to protect your organization.

More About ALIGNED Insurance

ALIGNED is a premiere insurance brokerage that was exclusively and uniquely built to create, negotiate and deliver the best business insurance and risk management strategies/solutions to small, medium and large organizations across all industries.  ALIGNED’s primary mission is to protect the cash flow, profitability and balance sheets of their clients from the chance of unforeseeable losses.

ALIGNED specializes in delivering insurance and risk management solutions exclusively to Canadian businesses. Through our 18 points of differentiation and expertise, we deliver unmatched value to our growing portfolio of clients from all industries that range from small to large organizations.

We offer all of the following products:

Management Liability:

• Board Insurance / Directors and Officers (D&O) Insurance
• Employment Practices Liability (EPL) Insurance
• Fiduciary Liability Insurance

Other:

• Property Insurance- Including Business Interruption & Extra Expense
• Machinery Breakdown/Boiler & Machinery Insurance
• Course of Construction(COC)
• Wrap-up Liability Insurance
• Commercial General Liability / CGL Insurance
• Pollution Liability Insurance
• Commercial Automobile & Fleet Insurance
• Umbrella Liability Insurance
• Cyber, Hacking & Privacy Liability Insurance
• Crime/Fidelity/Employee Theft Insurance
• Professional Liability/Errors & Omissions (E&O) Insurance
• Kidnap & Ransom Insurance
• Representations & Warranty Insurance, Trade Credit & Captive Insurance