Provides coverage based on claims submitted for electronic data loss caused by the insured. A commercial general liability (CGL) policy protects your company from financial losses if you are responsible for material or personal and advertising damage caused by your services, business operations or your employees. Understanding this coverage is an important first step in managing CGL risks. Limited medical payment coverage includes payments for injuries sustained by a person who is not employed as a result of an accident that occurs on the insured's premises or when exposed to the insured's business operations.
Medical payment coverage can be activated without taking legal action. This allows for the prompt resolution of minor medical claims without the need for litigation. It is included in the CGL policy and covers all necessary and reasonable medical, surgical, ambulance, hospital, professional nursing and funeral expenses of a person injured or killed in an accident that takes place on the insured's premises or in the context of business operations. There is no defense or legal liability coverage, such as bodily injury and property damage (coverage A) and personal and advertising liability (coverage B), since coverage is provided without fault.
This would exclude coverage if a contractor you hired injured a customer while they were in your building or if their defective work injured someone who was on your premises. Workers' compensation and labor practice liability insurance are excluded, but can be purchased as separate policies. Most companies consider general liability coverage to be an essential part of their risk management operations. Alcoholic beverage liability coverage can be sold as an add-on to a commercial liability policy or as a standalone policy.
With the exception of excluded risks, it also provides a franchise that exceeds a specific amount, for which there is no underlying coverage. It's important to note that coverage A also includes a provision called risk related to the termination of product-related operations. If additional insured status is required by contract or agreement, coverage and liability limits apply only to the extent required in the contract or agreement. Understanding the scope of the A, B and C coverages of a commercial general liability policy is crucial for companies to ensure that they have adequate protection against various risks.
This limits insurance coverage to a selected address or addresses on the list, usually the place of business activity. It is used as an alternative to the mandatory guarantee (CG 21 06) to add coverage for material damage to electronic data when such damage is due to physical injury to material assets, with a different limit. This endorsement is used when the insured railway company does not hire the contractor, but merely grants permission to carry out operations on or near a railway property. Coverage C is designed to help companies deal with minor injuries quickly and efficiently, while avoiding litigation.
The claim must be filed (made) during the coverage period for injuries that occur during the same period or for the designated retroactive time. It is used as an alternative to the approval of GC 21 06 (above) when the insurer agrees not to modify the exclusion p of coverage A (bodily injury and property damage). Excludes liability coverage arising from actual or imminent sexual abuse or abuse of a person in the custody of an insured or employee. This guarantee expands the coverage provided in the civil liability coverage form for pollution, CG 00 39, to include expenses related to the voluntary cleaning of a contaminated discharge, if done to prevent damage.
