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English language (monolingual) [PRO] Bus/Financial - Insurance
English term or phrase:loss of key
In a general liability and product liability insurance policy there is a list of acronyms:
‘’Insurance terms and conditions:
GLI 1:3 Global Liability Insurance Al 12:1 Additional Insured Written Contract ADI 11:1 Advertising Injury EEL 12:1 Industrial Injury LOK11:1 Loss of Key TN 12 :1 Tenant’s Liability Equipment RC 12:1 Retroactive cover, Claims Made IS1:2 International Sanctions’’
What does ,,Loss of key’’ mean? Loss of keys or loss of key personnel? Any help would be greatly appreciated.