commercial general liability (cgl)

Question 1

pays for losses that occur during the policy period, even if discovered after the policy period

Answer 1

occurrence form

Question 2

pays for losses reported during the policy period as long as the loss occurred on or after the retroactive date established in the policy

Answer 2

claims-made form

Question 3

bodily injury and property damage

Answer 3

coverage A

Question 4

personal and advertising injury

Answer 4

Coverage B

Question 5

medical payments

Answer 5

coverage C

Question 6

losses resulting from the ownership, maintenance, or use of the insured’s premises and all business operations

Answer 6

premises and operations

Question 7

losses that occur after the insured has completed the job and relinquished control of the product

Answer 7

products and completed operations