AINS23 Chapter 6
Most Common general liability form - Answer-The ISO CGL Form covers:
1. BI and PD liability
2. Personal and advertising injury liability
*also includes med pay
Med Pay - Answer-pays for the medical expenses of persons injured on the insureds premieses or bc of
the insureds activities regardless of fault.
Categories of BI injury and PD liability - Answer-1. premises and operations hazard
2. products and completed operations hazard.
Premises and Operations - Answer-the possibility that an organization will be held liable bc of BI or PD
caused by an accident that either occurs on the org's premises or arises out of the org's ongoing ops on
or off the premises.
-usually based on negligence
-org failed to exercise the appropriate degree of care owed and the person suffered injury as the result
,Premium for CGL Policy's - Answer-calculated by applying a premises and operations rate and a
products and completed operations rate to the appropriate exposure for each.
coverage that corresponds with the premises and operations rate includes the contractual liability
coverage provided by the CGL.
BI or PD arising out of the use of aircraft, autos, or watercraft is - Answer-excluded from BI and PD
liability coverage
Liability for injury or illness of the organizations employees is - Answer-excluded from BI and PD liability
coverage
Products and Completed Operations liabilty exposure - Answer-the possibility than an org will be held
liable bc of BI or PD caused by an accident that arises out of products manufactured, sold or distributed
by the organization and occuring after the products are no longer on the orgs premisees or in the orgs
physical possession or by an accident arigins out of the completed work
Personal and Advertising Injury Liability - Answer-covers the insureds liability for personal and
advertising injury: any kind of injury such as loss of reputation, humiliation, economic loss
this coverage was once very rare but is now an integral part of the CGL.
Medical Payments - Answer-covers medical expenses of others in certain circumstances:
-does not require the insurd to be legally liable
-must result from BI bc of an accident occuring on the insureds premises or arising out of the insureds
ops in the coverage territory
-has a much lower limit of insurance than either Cvrg A or Cvrg B, its role is to pay small BI claims w/out
having to establish liablity which reduces the likelihood that an accident victim will sue.
, Other General Liability Exposures that provide coverag ethat is not adequately addressed under the CGL.
- Answer--owners and contractors protective liability coverage
-railroad protective liability coverage
-liquor liability coverage
-electronic data liablity coverage
-product withdrawl coverage
-various pollution coverage
Owners and Contractors Protective Liability - Answer-covers property owner against liability arising out
of operations being performed by a contractor or the named insureds negligent supervision of the
contractors ops.
Railroad Protective Liability Coverage - Answer-protects named r/r owner against BI and PD claims
resulting from the operations of a contractor performing ops on under or adjacent to the r/r property.
Liquor Liability Coverage - Answer-for insuring bars, restaurants, stores and any other businesses that
sell or serve alcohol.
covers liquor liability arising out of the sale or serving of alcoholic beverages which is a loss exp excluded
by the CGL if the insured is in the business of selling alcoholic beverages.
Electronic Data Liability - Answer-Covers insureds liability for loss of electronic data caused by an
electronic data incident as defined in the form which is an exposure the CGL form excludes.
Product Withdrawl Coverage - Answer-covers the cost of withdrawing or recalling products from the
market
Most Common general liability form - Answer-The ISO CGL Form covers:
1. BI and PD liability
2. Personal and advertising injury liability
*also includes med pay
Med Pay - Answer-pays for the medical expenses of persons injured on the insureds premieses or bc of
the insureds activities regardless of fault.
Categories of BI injury and PD liability - Answer-1. premises and operations hazard
2. products and completed operations hazard.
Premises and Operations - Answer-the possibility that an organization will be held liable bc of BI or PD
caused by an accident that either occurs on the org's premises or arises out of the org's ongoing ops on
or off the premises.
-usually based on negligence
-org failed to exercise the appropriate degree of care owed and the person suffered injury as the result
,Premium for CGL Policy's - Answer-calculated by applying a premises and operations rate and a
products and completed operations rate to the appropriate exposure for each.
coverage that corresponds with the premises and operations rate includes the contractual liability
coverage provided by the CGL.
BI or PD arising out of the use of aircraft, autos, or watercraft is - Answer-excluded from BI and PD
liability coverage
Liability for injury or illness of the organizations employees is - Answer-excluded from BI and PD liability
coverage
Products and Completed Operations liabilty exposure - Answer-the possibility than an org will be held
liable bc of BI or PD caused by an accident that arises out of products manufactured, sold or distributed
by the organization and occuring after the products are no longer on the orgs premisees or in the orgs
physical possession or by an accident arigins out of the completed work
Personal and Advertising Injury Liability - Answer-covers the insureds liability for personal and
advertising injury: any kind of injury such as loss of reputation, humiliation, economic loss
this coverage was once very rare but is now an integral part of the CGL.
Medical Payments - Answer-covers medical expenses of others in certain circumstances:
-does not require the insurd to be legally liable
-must result from BI bc of an accident occuring on the insureds premises or arising out of the insureds
ops in the coverage territory
-has a much lower limit of insurance than either Cvrg A or Cvrg B, its role is to pay small BI claims w/out
having to establish liablity which reduces the likelihood that an accident victim will sue.
, Other General Liability Exposures that provide coverag ethat is not adequately addressed under the CGL.
- Answer--owners and contractors protective liability coverage
-railroad protective liability coverage
-liquor liability coverage
-electronic data liablity coverage
-product withdrawl coverage
-various pollution coverage
Owners and Contractors Protective Liability - Answer-covers property owner against liability arising out
of operations being performed by a contractor or the named insureds negligent supervision of the
contractors ops.
Railroad Protective Liability Coverage - Answer-protects named r/r owner against BI and PD claims
resulting from the operations of a contractor performing ops on under or adjacent to the r/r property.
Liquor Liability Coverage - Answer-for insuring bars, restaurants, stores and any other businesses that
sell or serve alcohol.
covers liquor liability arising out of the sale or serving of alcoholic beverages which is a loss exp excluded
by the CGL if the insured is in the business of selling alcoholic beverages.
Electronic Data Liability - Answer-Covers insureds liability for loss of electronic data caused by an
electronic data incident as defined in the form which is an exposure the CGL form excludes.
Product Withdrawl Coverage - Answer-covers the cost of withdrawing or recalling products from the
market
