General Liability Waiver Of Subrogation Endorsement

General Liability Waiver Of Subrogation Endorsement Template for Canada

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Key Requirements PROMPT example:

"I need a General Liability Waiver of Subrogation Endorsement for a construction project in Ontario where my company is the general contractor, with the waiver extending to the property owner and all subcontractors working on the new office complex project starting March 2025."

Document background

The General Liability Waiver of Subrogation Endorsement is a crucial modification to standard Commercial General Liability policies in the Canadian insurance market. This endorsement is typically required when project owners, contractors, or other business partners want to ensure that the insurer cannot pursue recovery against them for claims paid under the policy. It's commonly used in construction projects, commercial leases, and service agreements where multiple parties need to work together without the risk of insurance-related disputes. The document must comply with Canadian federal and provincial insurance regulations and typically includes specific details about the parties involved, the scope of the waiver, and any applicable conditions or limitations. This type of endorsement is particularly important in risk management strategies and is often required by contract terms or business relationship agreements.

Suggested Sections

1. Parties: Identifies the insurance company (insurer), the named insured, and any additional insureds affected by the waiver

2. Background: References the original insurance policy being modified, including policy number and effective dates

3. Definitions: Defines key terms including 'subrogation', 'waiver', and any other relevant terms specific to the endorsement

4. Waiver Grant: The core provision that explicitly states the insurer's agreement to waive rights of subrogation against specified parties

5. Scope of Waiver: Clearly defines the extent of the waiver, including any limitations or conditions

6. Premium Consideration: States any additional premium or consideration for the waiver endorsement

7. Integration Clause: Confirms that the endorsement forms part of the original policy and modifies it only to the extent stated

Optional Sections

1. Project-Specific Conditions: Include when the waiver applies only to specific projects or locations

2. Additional Premium Schedule: Include when there is a complex premium calculation or adjustment process for the waiver

3. Claims Notification Process: Include when special claim reporting procedures apply to situations involving the waiver

4. Duration and Renewal Terms: Include when the waiver has different duration terms than the main policy

5. Cross-Border Provisions: Include when the waiver needs to address cross-provincial or international considerations

Suggested Schedules

1. Schedule A - Named Parties: List of specific parties against whom subrogation rights are being waived

2. Schedule B - Covered Projects: Detailed list of specific projects or operations covered by the waiver, if applicable

3. Schedule C - Premium Calculation: Detailed breakdown of additional premium calculations, if applicable

4. Appendix 1 - Original Policy Reference: Copy or summary of relevant sections from the original policy being modified

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Construction

Real Estate

Manufacturing

Energy

Infrastructure

Healthcare

Retail

Transportation

Professional Services

Industrial Operations

Commercial Property Management

Mining

Oil and Gas

Relevant Teams

Legal

Risk Management

Insurance

Compliance

Operations

Project Management

Facilities Management

Contract Administration

Claims

Commercial Operations

Relevant Roles

Risk Manager

Insurance Broker

Contract Administrator

Legal Counsel

Claims Manager

Project Manager

Construction Manager

Property Manager

Compliance Officer

Insurance Underwriter

Operations Director

Facility Manager

Commercial Real Estate Manager

Risk Analyst

Insurance Coordinator

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Let's create your General Liability Waiver Of Subrogation Endorsement

Authors

Alex Denne

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