CIC Casualty General Liability CGL Section Test Verified 100% Correct!!

Premises Liability - applies to owners, landlords and tenants and arises out of the ownership, maintenance or use of the insured's premises How can Premises Liability be Limited? - when coverage only applies to a designated premises (premises has to be scheduled) (CG 21 44) Business Operations Liability - liability arises from activities involved in the operation of an organization including service and repair activities usually done on the premises of others, WHILE the activity is being conducted Example of Business Operations Liability - Contractors on site, away from office Products Liability - arises out of the sale, distribution or manufacture of the named insured's product When does coverage for Products Liability start? - coverage begins when the product has left the named insured's premises and is no longer in the named insured's possession Completed Operations Liability - ex: electrician finishes wiring - wiring caused fire liability arises from the operation of an organization including service and repair activities usually done on the premises of others, AFTER the activity has been concluded Products/Completed Operations Hazard Redefined (CG 24 07) - endorsement that is used to include coverage arising out of the named insured's products exposure ON THE PREMISES Ex: Restaurant, Brewery Designated Products (CG 21 33) - excludes specific products on an endorsement scheduleEx: carrier will write a country club, but does not like tennis courts - could write e&s policy to cover tennis courts specifically Contractual Liability - arises from one party assuming responsibility of another CGL policy covers liability which arises from an insured contract, as defined, or other contractual obligations where covered by the Policy Ex: Lease agreements, construction contracts, etc. Contingent Liability - Arises out of work performed for the named insured by someone else Ex: subcontracted work, can protect a named insured from negligent acts of an independent contractor Personal Injury Liability - liability arising from intentional torts, such as libel, slander, wrongful eviction coverage applies to named offenses as defined in the policy Advertising Liability - *limited to actual advertisements, advertising the named insured's goods, products, or services* liability caused by harm from such things as misappropriation of advertising ideas, style of doing business or infringement of copyright Who is an insured? - Individual - Named Individual & Spouses - only with respect to the conduct of the named insureds business Who is an insured? - Partnership or Joint Venture - Named Partnership, Named Joint Venture, Members, Partners, and spouse(s) - only with respect to the conduct of the named insureds business