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    Discontinued Operations Insurance
    Selling your business or closing your doors may not mean you don't need liability insurance anymore. Be sure to talk with your insurance adviser.

    Example:

    Sold product on December 15, 2005
    Cancel Insurance January 1, 2006
    Customer injured by product January 15, 2006

    You may still be responsible for the injury but your insurance won't cover you.

    Talk with your adviser.


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    Discontinued Operations Insurance Considerations. ... If a business is sold to an entity that refuses to accept liability stemming from injury or damage arising from products made or sold prior to the liquidation or sale, the seller will benefit from Discontinued Operation Insurance.


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    Discontinued Operations Insurance Considerations. ... If a business is sold to an entity that refuses to accept liability stemming from injury or damage arising from products made or sold prior to the liquidation or sale, the seller will benefit from Discontinued Operation Insurance.


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