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MANAGEMENT DIRECTIVEDAMAGE TO PERSONAL VEHICLES AND THIRD PARTY LIABILITY COVERAGEManagement Directive #0805Date Issued:7/31/08 Effective date 08/01/08New Policy ReleaseRevision of Existing Procedural
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Party liability coverage is a type of insurance that provides protection to the policyholder in case they are held responsible for injuries or damages to a third party during a specific event or party.
The individual or organization hosting the event or party is typically required to file party liability coverage.
Party liability coverage can be filled out by providing information about the event, expected number of attendees, and any potential risks involved.
The purpose of party liability coverage is to protect the policyholder from financial losses in the event that they are found liable for injuries or damages to a third party.
Information such as the date, location, expected number of attendees, and any potential risks or hazards must be reported on party liability coverage.
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