Commercial General Liability

Front 1

CGL usually covers...

Back 1

-Legal obligation arising out of injuries or damage suffered by...

-members of the public

-customers

-tenants

Front 2

Two Major Sublines

Back 2

Premises/Operations

Products and Completed Operations (i.e. slip and fall, food poisoning)

Front 3

Retroactive Date

Back 3

-Will show on the declarations page

-Defines when coverage begins

Front 4

CGL Auto

Back 4

-CGL excludes almost all losses arising from auto exposures

-Autos include: land motor vehicle, trailer, semi-trailer designed for travel on public roads, including any attached machinery or equipment

-MOBILE equipment IS covered

Front 5

Mobile Equipment

Back 5

-Covered by CGL

-i.e. forklift, bulldozer, crane, cherry picker

Front 6

Two major aggregate limits on a CGL policy:

Back 6

1. General Aggregate Limit

2. Products and Completed Operations Aggregate Limit

Front 7

Claims Made

Back 7

-Coverage for risks with a long-delay

-Responds to claims filed during policy period

Front 8

Occurrence

Back 8

Pays/covers injury or damage that happens during the policy period

Front 9

Mini-tail

Back 9

An extended reporting period with a very short duration

-would be added to a claims made policy

Front 10

Extended Reporting Periods

Back 10

-Necessary if claims-made hasn't been continuous

-if claims made coverage is canceled, not renewed, replaced by coverage that has a later retro date, replaced by coverage that is not written on a claims made basis

Front 11

Basic ERP

Back 11

-Two parts:

1. a period of 60 days after the end of the policy period is provided for reporting any claims

2. a period of 5 years after the end of the policy period as long as the insured has notified the insurance company of occurrence or offense no later than 60 days after the policy period

Front 12

Supplemental ERP

Back 12

picks up where basic erp leaves off

Front 13

Section 1 coverages

Back 13

A: Bodily and Injury and Property Damage Liability

B: Personal and Advertising Inury

C: Medical Payments

Front 14

Coverage A

Back 14

Bodily Injury and Property Damage Liability

aka physical damage

-bodily injury: sickness, disease sustained by a person, including death

-property damage: physical injury to tangible property

Front 15

Coverage B

Back 15

Personal and Advertising Injury

-injury arising from false arrest, malicious prosecution, slander, libel, etc.

Front 16

Coverage C

Back 16

Medical Payments

-payments for reasonable medical expenses without regard to legal responsibility for the injury

Front 17

Products and Completed Operations

Back 17

i.e. food poisoning, slip and fall

has it's own separate aggregate

Front 18

Premises and Operations

Back 18

liability exposures arising from the business location (premise) and business activity (operations)

Front 19

Exclusions

Back 19

Workers Compensation-will not cover injury to an employee

Professional Liability

Care, custody and control

Liquor liability

Front 20

Liquor Liability Coverage

Back 20

-may be purchased as an add on to a CGL, as a claims made or occurrence form