Objective 6 : CGL Supplementary Payments

Question 1

overview

Answer 1

supplements the Coverages A and B insuring agreements.

payable in addition to the limits of insurance that apply to the CGL policy’s coverage.

The obligation to pay these supplementary payments ends when the limit of insurance is exhausted.

Question 2

consist of

Answer 2

(1) All expenses incurred by the insurer
- fees for attorneys, witness fees, the cost of police reports …
- The payments do not, however, include attorneys’ fees or attorneys’ expenses taxed against the insured.

(2) Up to $250 for the cost of bail bonds
Insurer’s only obligation is to pay the premium.

(3) Reasonable expenses incurred by the insured at the insurer’s request, including loss of earnings (up to $250 a day) if the insured must miss work to testify, attend court, or otherwise assist in the defense.
(3) Court costs or other costs (other than actual damages) assessed against the insured in a suit.
(4) Interest on judgments awarded against the insured.