What does CGL coverage cover?
Commercial general liability (CGL) is a type of insurance policy that provides coverage to a business for bodily injury, personal injury, and property damage caused by the business’s operations, products, or injuries that occur on the business’s premises.
What is an additional coverage?
Additional coverage is an endorsement of an original policy that allows an individual or group of people other than the policyholder to be insured by the policy. Typically, additional coverage is added to general liability insurance guidelines.
What does coverage territory mean in insurance?
Coverage Territory — contractual provisions limiting coverage to geographical areas within which the insurance is effected.
What is a policy coverage defense?
What Is Insurance Defense? Insurance defense is legal representation that specializes in cases relating to insurance. Insurance defense attorneys may work for law firms that offer insurance companies legal help or may work as staff attorneys for the insurance company itself.
What is excluded under the CGL policy?
If bodily injury or property damage is caused by the release or discharge of pollutants from the premises (including a former premises) of an insured, the CGL excludes coverage. It does not matter whether the release of pollutants was sudden or gradual—coverage is excluded.
What is umbrella coverage in auto insurance?
Umbrella insurance is extra insurance that provides protection beyond existing limits and coverages of other policies. Umbrella insurance can provide coverage for injuries, property damage, certain lawsuits, and personal liability situations.
Who should be an additional insured?
To be included as an additional insured under a liability policy, a person or entity must have a business relationship with the policyholder (named insured). Here are some common business relationships that create a need for additional insured coverage: Landlord and tenant. General contractor and subcontractor.
What does adding additional insured mean?
When you add someone as an additional insured, you are extending your insurance to them. The additional insured entity can turn to your insurance policy if they are sued for your actions and will be covered according to your policy.
What does tertiary insurance mean?
Tertiary insurance is a third policy. When you have multiple insurance policies, such as if you have Medicare and a supplemental policy, it’s possible to have more than one covering a given procedure or loss. The third one to be billed is referred to as tertiary coverage.
Which of the following is not excluded under Part A of the CGL form?
Which of the following is NOT excluded under Part A of the CGL form? The mobile equipment exclusion applies to the transportation of mobile equipment by the insured. However operation of mobile equipment is not excluded unless for racing or stunting.
Are defense costs covered by insurance?
Defense costs refer to all the costs of defending against a lawsuit. These expenses include the cost of hiring a lawyer, court fees, investigations, gathering facts, filing legal paperwork, and other related costs. In terms of insurance, various liability insurance policies cover these expenses.
What is duty to defend defense coverage?
Duty To Defend — a term used to describe an insurer’s obligation to provide an insured with defense to claims made under a liability insurance policy. As a general rule, an insured need only establish that there is potential for coverage under a policy to give rise to the insurer’s duty to defend.
What is the meaning of M?
the thirteenth letter of the English alphabet, a consonant. any spoken sound represented by the letter M or m, as in my, summer, or him. a written or printed representation of the letter M or m. a device, as a printer’s type, for reproducing the letter M or m.
What is the difference between m and N?
M was a M iser, and hoarded up gold; N was a Noble m an, gallant and bold. The living (value £250) is in the gift of trustees, and is now held by the Rev. M. Parker, Vicar. “I hope he will grow up to be a true co m fort to you, M. Pujol,” said M iss Janet.
What is the m in the word “Nares”?
The m relates it to the nares or hu m m ing tone (which is the basis of all resonance in the voice). “Epidemic” vs. “Pandemic” vs. “Endemic”: What Do These Terms Mean?
What is so special about the movie m?
This is a picture that for its time delivered something that had never been seen before. Beautifully directed and acted, M is a near perfect picture that broke barriers in the way films told stories.