What does a CGL provide liability coverage for quizlet?
Asked by: Dr. Grady Gislason | Last update: October 11, 2025Score: 4.5/5 (16 votes)
What does a CGL provide liability coverage for?
Commercial General Liability (CGL) insurance protects business owners against claims of liability for bodily injury, property damage, and personal and advertising injury (slander and false advertising).
Can a CGL provide liability insurance coverage?
Commercial general liability insurance, or CGL insurance, helps protect your business from claims that it caused bodily injuries or damage to another person's property. This coverage is also known as general liability insurance or business liability insurance.
What does a CGL's medical payments cover?
Coverage C: Medical Payments
It is included in the CGL policy and pays for all necessary and reasonable medical, surgical, ambulance, hospital, professional nursing and funeral expenses for a person injured or killed in an accident taking place at the insured's premises or arising from business operations.
Does a CGL policy cover liquor liability?
Yes, it is true that the commercial general liability policy does cover host liquor liability. But there is a catch. It only covers host liquor liability for organizations not in the industry of manufacturing, distributing, selling, serving, or furnishing alcoholic beverages.
Commercial General Liability Insurance covers quizlet
What is not covered under a CGL policy?
In summary, while CGL policies provide broad coverage for general business liabilities, policyholders should be aware of common exclusions like expected harm, contractual obligations, pollution, aircraft/watercraft, and professional services.
Is fire legal liability covered by CGL?
In the context of a standard commercial general liability (CGL) policy, the named insured's fire legal liability is covered up to the limit specified under the “damage to premises rented to you” provision.
Who is an insured under a CGL policy?
The first and most obvious entity that is insured under a CGL policy is the “Named Insured,” which is explicitly mentioned in the policy documents. In most cases, the Named Insured is the business entity that has purchased the insurance coverage.
What is the liability and medical expenses?
Liability and Medical Expenses
Helps pay for bodily injury, property damage and medical expenses from an occurrence. Limit: $300,000; $500,000; $1 million; $2 million each occurrence limits options. Aggregate limits are twice the occurrence limit.
Which section of the CGL pays without regard to fault?
Coverage C: Medical Payments Coverage
Medical expense limits lay out how much the policy will pay for reasonable medical costs for bodily injury caused by an accident without regard to fault.
Does CGL cover contingent liability?
To protect against indirect/contingent liability exposure, the CGL policy protects your business if you are found liable for the negligent actions or work of independent contractors and subcontractors you hire.
Which of the following is excluded under coverage A of the CGL?
Answer: Coverage A of the General Liability Policy excludes intentional property damage caused by an employee. It covers injuries or damages that are accidental, not intentional wrongful acts. Property damage caused intentionally by an employee is excluded under Coverage A of the General Liability Policy.
Do CGL policies cover contractual liability?
Be aware that a commercial general liability insurance (CGL) policy usually excludes risks that you assume when signing contracts with another party. To cover this type of loss, you'd have to get a contractual liability endorsement.
What does CGL include?
Answer: The SSC CGL exam comprises four tiers: Tier-I (Preliminary), Tier-II (Mains), Tier-III (Descriptive Paper), and Tier-IV (Skill Test/Computer Proficiency Test). Answer: Candidates with a bachelor's degree from a recognized university are eligible to appear for the SSC CGL exam.
What's covered under the CGL coverage form?
A CGL policy will cover property damage or bodily injury that you cause to another individual. This is the bread and butter of business insurance, and every business needs it.
What damages are covered by a CGL policy?
CGL policies cover property damage, bodily injury, and other types of claims. This coverage will help you pay attorney fees or settlement costs in the event of a lawsuit. And you can augment your coverage with extensions that cover errors and omissions, excess liability, or employment practices liability.
Does CGL cover medical expenses?
This coverage will pay reasonable medical bills of third parties who are injured on your premises or by your operations, subject to the per person limit listed on the policy. The limit for Medical Expense is typically $5,000.00, but this limit can be increased up to a maximum of $25,000.
What is the limit of CGL insurance?
CGL limits are the maximum amounts an insurance company will pay out for claims under your policy. Understanding and choosing the appropriate CGL limits can be as crucial as the decision to obtain the coverage itself.
What is covered by medical expenses?
Medical payments coverage is part of an auto insurance policy. It may help pay your or your passengers' medical expenses if you're injured in a car accident, regardless of who caused the accident. This coverage is usually optional and not available in all states.
Which is an insured under a CGL quizlet?
A customer injured on the premises is covered under a CGL. Employees are covered under Workers' Compensation and a sole proprietor's spouse is considered an insured and is not covered.
Does CGL cover employers liability?
The Essence of Commercial General Liability (CGL) Policy
It provides coverage against claims of bodily injury, property damage, and personal injury. However, like any safety net, it does have holes. One such hole is the Employers Liability Exclusion.
Is CGL under operations liability?
Completed operations liability is an insurance coverage typically included on most commercial general liability (CGL) policies. It pays for damages caused by your work that occur after you complete a job.
Does CGL cover auto liability?
Commercial General Liability (CGL)
CGL insurance covers a business for personal injury, property damage, and bodily injury, not necessarily because of vehicle usage. As long as the damage or injury was caused by your operations or products, or happened on company property, general liability can kick in.
Does CGL include product liability?
Comprehensive General Liability (CGL) policies generally provide coverage for product liability under the “products hazard” provision. The primary purpose of CGL insurance is to cover legal liability of the policyholder for accidents happening away from the premises owned, rented or controlled by the policyholder.
Does CGL cover data breach?
As mentioned above, CGL policies generally do not cover cyber liability. Some policies may claim cyber liability protection, but that coverage is minimal. Despite this, many people still hold the common misconception that CGL includes comprehensive cyber coverage.