Issue #2006
Contingent Dependent Properties Insurance

Contingent Dependent Properties Insurance: Understanding the Basics - Including Direct Versus Indirect Losses

Whether it’s to supply raw materials or component parts, or buy their products or services, most companies depend on other organizations to operate successfully. This is particularly felt when a key supplier or customer sustains a property loss and the company’s operations are so specialized that it is very difficult, time-consuming or even impossible to find substitutes. That supplier or customer could be the company’s only viable option.