Get Taking Control Managing Cgl Claims - Cdlawyersorg

You may be asking yourself, “What does general liability cover?” This insurance helps protect your business from claims that it caused: Bodily injury. Property damage.

A Commercial General Liability (CGL) policy protects your business from financial loss should you be liable for property damage or personal and advertising injury caused by your services, business operations or your employees. It covers non-professional negligent acts.

A significant difference between the CG 20 10 and CG 20 33, is CG 20 33's requirement that there must be a written contract or agreement between the additional insured and the named insured. As a way to explain the significance of the written contract requirement, imagine a custom home building project.

There are two types of CGL policies—a claims-made policy that covers claims regardless of when the event took place, and an occurrence policy where the event must take place during a set period.

CG 20 26 Additional Insured - Designated Person or Organization. Adds a designated person or organization as an additional insured for liability arising out of the named insured's premises or operations. This endorsement can be used to add any interest to the policy, subject to company approval.

There are two major sublines: One is a broad premises/operations subline and the other subline is for products and completed operations.

Commercial general liability (CGL) is a type of insurance coverage that protects a business from risks such as bodily harm, property damage, advertising, and personal injuries.

There are three basic coverage areas that comprise a CGL policy: (1) bodily injury and property damage (BI/PD); (2) personal and advertising injury; and (3) medical payments coverage.