Who is the Insured?

The liquor liability policy may be written for individual insureds, joint ventures, partnerships, or organizations other than partnerships and joint ventures (for example, a corporation). Coverage is afforded to the specified individual, partners, and members of joint ventures, and spouses with respect to liability arising from the conduct of the business. Executive officers and directors are covered with respect to their duties as such.

The policy also extends coverage to employees for acts within the scope of their employment. However, employees are not covered for bodily injury to the named insured or a co-employee occurring in the course of employment or for property damage to property owned, rented, or loaned to any employee.

Persons or organizations having temporary custody of the insured’s property in the event of the death of the insured are covered with respect to liability arising out of the maintenance or use of that property.

Organizations, other than partnerships or joint ventures, formed or acquired by the insured are considered insureds if there is no similar coverage available to that organization. This coverage runs for 90 days and does not apply to injuries occurring prior to the acquisition or formation of the entity.