WebJun 15, 2024 · General liability insurance is defined as coverage that can protect your business from lawsuits claiming bodily injury, property damage, libel or slander. Get all … WebDec 1, 2004 · Although coverage can be reduced by various endorsements, the CGL is subject to its actual terms and conditions, including the policy territory. Nonetheless, a …

Personal Auto Policy: Everything You Need to Know - Car and Driver

WebSep 25, 2024 · Any lawsuit must be brought in the U.S., including its territories and possessions, Puerto Rico and Canada; or if there is an agreement to settle, we (the insurance carriers) agree to Your GL coverage territory can be expanded by endorsement to include “Worldwide Coverage” or “Additional Scheduled Countries.” WebCoverage applies to the bodily injury (BI) and property damage (PD) the product causes, but not to the product itself All of the following about the CGL's products liability coverage are correct, except: Damage to the product itself is covered Choose the false statement about the CGL policy. commodity trading boot camp

COMMERCIAL GENERAL LIABILITY CG 00 01 04 13 …

WebCoverage Territory The coverage territory of the CGL is the United States, its territories and possessions, Puerto Rico, and Canada. International waters and airspace are included in the coverage territory but only if injury or damage occurs in the course of travel or transportation between any places included in the coverage territory. Webin the "coverage territory"; and (2) The "bodily injury" or "property damage" occurs during the policy period. c. Damages because of "bodily injury" include damages claimed by … WebLet's start by describing the two basic sections of a typical boat or yacht insurance policy: physical damage and liability. The physical damage section covers accidental loss or damage to the boat and its machinery. This not only covers the hull and the engine (s), but also the sails, personal property, and other equipment on board that are ... commodity trading advisor registration