What is a CLIP

A Contractual Liability Insurance Policy (CLIP) covers a party's liability that has been assumed in a contract.

CLIPs are often used for Service Contracts, Limited Warranties, and other Guarantee or Specialty solutions. CLIP Insurance is an extremely flexible product that can be configured and implemented in many situations.

Example uses of a CLIP include:

• Manufacturers / OEM's
  
• Retailers & Dealers
  
• Service Contract Administrators
  
• Service Contract Providers and Obligors
  
• Event Cancellation Programs
  
• Services Companies
  
• Landlords (Deposit Waiver)
  
• Repair Companies
  

For additional information on using a Contractual Liability Insurance Policy CLIP for Service Contracts, Limited Warranty, and Specialty Programs, visit the Contractual Liability Insurance Policy Website.

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