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The Commercial General Liability Policy provides the insurance protection needed to pay damages for bodily injury or property
damages for which the insured is legally responsible. The policy provides coverage for liability arising from personal injury and
advertising injury. Coverage for medical expense is also provided. The policy also covers accidents occurring on the premises or
away from the premises. Coverage is provided for injury or damages arising out of goods or products made or sold by the
named insured. The insured is the named insured and the employees of the named insured. However, several individuals and
organizations, other than the named insured, may be covered, depending upon certain circumstances specified in the policy. In
addition to the limits, the policy provides supplemental payments for attorney fees, court costs and other expenses associated
with a claim or the defense of a liability suit.
There are two commercial general liability coverage forms available, the occurrence form and the claims-made form. Both forms
are somewhat identical in the coverages offered. The main difference is in the way claims are handled under the two forms. The
occurrence form covers bodily injury or property damage claims that occur during the policy term, regardless of when the claim
is reported. The claims-made policy form only covers claims made against the insured during the policy term. A claim made after
the policy expires is not covered by a claims-made policy unless the claim is covered by an extended reporting period. The
claims-made policy will only have the extended reporting period. The following terms reflect both forms.
General Aggregate
The General Aggregate Limit is the most money the insurer will pay under certain coverage for all claims occurring during the
policy term.
Premises/Operations
Coverage is provided for damages arising out of ownership or occupancy of the insured premises when not maintained in a
reasonable manner. This also covers damages arising out of operations performed by the insured business.
Products/Completed Operations
Products coverage is provided for damages arising out of products manufactured, sold, handled or distributed by the insured.
Completed Operations covers damages occurring after operations have been completed or abandoned, or after an item is
installed or built and released for it’s intended purpose.
Medical Expense Limit
Medical payments coverage pays medical expenses resulting from bodily injury caused by an accident on premises owned or
rented by the insured, or locations next to such property, or when caused by the insured's operations. These payments are
made without regard to the liability of the insured.
Fire Damage Limit
The fire damage limit provides coverage for fire damage caused by negligence on the part of the insured to premises rented to
the named insured. If a fire occurs because of negligence of the insured and causes damage to property not rented to the
insured, coverage would be provided under the occurrence limit.
Personal Injury
Personal Injury means injury other than bodily injury. Coverage is provided for injury resulting from offenses such as false arrest,
malicious prosecution, detention or imprisonment, the wrongful entry into, wrongful eviction from and other acts of invasion, or
rights of private occupancy of a room. Coverage for libel and slander is also provided in the policy.
Advertising Injury
This coverage pays for damages done in the course of oral or written advertisement that disparages, libels or slanders a
person's or organization's goods, products or services. Coverage for these offenses is provided under advertising injury
coverage only if they occur during the course of advertising the named insured's own goods, products or services.
Each Occurrence
Each occurrence is considered to be an accident, which could include continuous or repeated exposure to the same harmful
conditions. An occurrence can also be a sudden event, or a result of a long term series of events.
damages for which the insured is legally responsible. The policy provides coverage for liability arising from personal injury and
advertising injury. Coverage for medical expense is also provided. The policy also covers accidents occurring on the premises or
away from the premises. Coverage is provided for injury or damages arising out of goods or products made or sold by the
named insured. The insured is the named insured and the employees of the named insured. However, several individuals and
organizations, other than the named insured, may be covered, depending upon certain circumstances specified in the policy. In
addition to the limits, the policy provides supplemental payments for attorney fees, court costs and other expenses associated
with a claim or the defense of a liability suit.
There are two commercial general liability coverage forms available, the occurrence form and the claims-made form. Both forms
are somewhat identical in the coverages offered. The main difference is in the way claims are handled under the two forms. The
occurrence form covers bodily injury or property damage claims that occur during the policy term, regardless of when the claim
is reported. The claims-made policy form only covers claims made against the insured during the policy term. A claim made after
the policy expires is not covered by a claims-made policy unless the claim is covered by an extended reporting period. The
claims-made policy will only have the extended reporting period. The following terms reflect both forms.
General Aggregate
The General Aggregate Limit is the most money the insurer will pay under certain coverage for all claims occurring during the
policy term.
Premises/Operations
Coverage is provided for damages arising out of ownership or occupancy of the insured premises when not maintained in a
reasonable manner. This also covers damages arising out of operations performed by the insured business.
Products/Completed Operations
Products coverage is provided for damages arising out of products manufactured, sold, handled or distributed by the insured.
Completed Operations covers damages occurring after operations have been completed or abandoned, or after an item is
installed or built and released for it’s intended purpose.
Medical Expense Limit
Medical payments coverage pays medical expenses resulting from bodily injury caused by an accident on premises owned or
rented by the insured, or locations next to such property, or when caused by the insured's operations. These payments are
made without regard to the liability of the insured.
Fire Damage Limit
The fire damage limit provides coverage for fire damage caused by negligence on the part of the insured to premises rented to
the named insured. If a fire occurs because of negligence of the insured and causes damage to property not rented to the
insured, coverage would be provided under the occurrence limit.
Personal Injury
Personal Injury means injury other than bodily injury. Coverage is provided for injury resulting from offenses such as false arrest,
malicious prosecution, detention or imprisonment, the wrongful entry into, wrongful eviction from and other acts of invasion, or
rights of private occupancy of a room. Coverage for libel and slander is also provided in the policy.
Advertising Injury
This coverage pays for damages done in the course of oral or written advertisement that disparages, libels or slanders a
person's or organization's goods, products or services. Coverage for these offenses is provided under advertising injury
coverage only if they occur during the course of advertising the named insured's own goods, products or services.
Each Occurrence
Each occurrence is considered to be an accident, which could include continuous or repeated exposure to the same harmful
conditions. An occurrence can also be a sudden event, or a result of a long term series of events.
Commercial General Liability Coverage
| This is only a sample of coverages available. You should always go over specific policy details with your agent or look at your declaration pages to determine the specifics of your insurance coverage. |
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Carlson, Mikuzis and Taylor, Inc.