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8 Cards in this Set
- Front
- Back
Commercial General Liability Insurance |
Covers the insured's legal liability arising out of damages suffered by customers, tenants, clients, and the general public Two Primary coverage forms Occurrence & Claims Made |
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Coverage is triggered or activated |
Difference between occurrence and claims made forms |
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Supplemental Payments |
Bonds, Aid, Interest on judgements, Loss of earnings, Expenses, Defense costs |
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Per Occurrence Limit |
(Coverage A & C) $1 Million |
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Personal & Advertising Limit |
(Coverage B) $1 Million |
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Medical Payments Limit |
(Coverage C) $5,000 |
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Fire Damage Limit |
(Coverage A) $40,000 |
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Nonemployee or Organization |
Covered under CGL while acting as the insured's real estate manager
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