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What is General Liability Insurance

What is General Liability Insurance?

Ashoka Lion requires property management vendors to have appropriate general liability insurance coverage in place. This insurance is important as it covers for damages caused by vendor negligence. Ashoka Lion requires that vendors have $1,000,000 per occurrence, and we also request that all vendors name us as an additional insured and certificate holder which requires insurance company to notify our firm if a vendor has stopped paying for their coverage.