What is a coverage form that provides coverage for bodily injury or property damage that is claimed during the policy period?
Asked by: Deshawn Grimes | Last update: December 3, 2025Score: 4.6/5 (51 votes)
What does the CGL policy cover?
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).
What coverage a bodily injury and property damage in the commercial liability policy will cover?
Bodily injury and property damage coverage provides protection against losses from the legal liability of insureds for bodily injury or property damage to others arising out of non-professional negligent acts or for liability arising out of their premises or business operations.
What is coverage A and B on a GL policy?
To summarize: Coverage A provides protects against bodily injury and property damage claims. Coverage B addresses personal and advertising injury claims. Coverage C offers no-fault coverage for medical expenses when someone is injured on your premises or because of your operations.
What coverage is insurance to protect against claims for bodily injury?
Bodily Injury Liability Coverage (BI) is the part of your insurance that helps pay for injuries to others if you're at fault for an accident. It can also help pay for legal fees if you're sued for damages. In general, BI is one of the coverages required by most states and is included in most car insurance policies.
Bodily Injury Coverage Explained
What is a claim for bodily injury?
A bodily injury claim requests compensation for the losses suffered due to injuries inflicted by someone else's negligence. These claims often arise from incidents such as: Motor vehicle accidents. Slips and falls. Medical malpractice.
What type of insurance protects against illness and injury?
No one plans to get sick or hurt, but most people need medical care at some point. Health insurance covers these costs and offers many other important benefits. Health insurance protects you from unexpected, high medical costs.
What is coverage B?
Coverage B, also known as other structures insurance coverage, is the part of your homeowners policy that protects structures on your property not physically connected to your home, such as a detached garage, storage shed, or gazebo.
What is PL and GL insurance?
General liability covers physical risks, such as bodily injuries and property damage. Professional liability insurance covers more abstract risks, such as errors and omissions in the services your business provides.
What is a B+ insurance?
B+ Good: Companies that have a good ability to meet their insurance obligations. B Fair: Companies that have a fair ability to meet their insurance obligations. C+ Marginal: Companies that have a marginal ability to meet their ongoing insurance obligations.
Which coverage provides coverage for bodily injury and property damage liability for the premises and operations of an airport?
General Liability Insurance: Covers legal liabilities for bodily injury and property damage claims arising from airport operations. Airport Property Insurance: Protects against damage to airport facilities, including runways, hangars, and terminal buildings.
Which of the following best describes how a policy that uses the accidental bodily injury definition of an accident differs from one that uses the accidental means definition?
c) A policy using "accidental means" defines an accident by its consequences, while "accidental bodily injury" defines an accident by the specific actions or events leading to it.
What provides coverage for liability and damage to property under certain conditions?
Liability insurance coverage protects you financially if you're responsible for someone else's injuries or property damage. Liability coverage comes standard with most vehicle and property insurance policies, including auto and homeowners insurance.
What coverage a bodily injury and property damage in the commercial general liability policy will cover?
Coverage Types
Bodily Injury: Covers medical expenses, lost wages, and legal fees if someone is injured on your business premises or due to your business operations. Property Damage: Covers the cost of repairing or replacing third-party property that your business operations may have damaged.
What is a claims-made policy?
A claims-made policy refers to an insurance policy that provides coverage when a claim is made against it, regardless of when the claim event occurred. A claims-made policy is a popular option for when there is a delay between when events occur and when claimants file claims.
Is property insurance and homeowners insurance the same?
Property insurance vs. home insurance. While it's something many first-time homeowners debate, it's actually not an either or question. That's because property insurance is part of your homeowners insurance policy.
What does PL stand for in insurance?
Public liability insurance is a type of business insurance that is essentially an older form of general liability insurance. Public liability insurance helps pay liability claims against your small business made by the general public, such as customers, delivery personnel or visitors.
What is a GL claim in insurance?
General liability insurance policies typically cover you and your company for claims involving bodily injuries and property damage resulting from your products, services or operations. It may also cover you if you are held liable for damages to your landlord's property.
What is the difference between GL and PL?
The GL report acts as a detailed record-keeping tool, while the P&L report offers a snapshot of a company's financial performance. Understanding the differences between these two reports is essential for making informed financial decisions and maintaining the financial health of a business.
What is coverage C in insurance?
Coverage C - Personal Property
This coverage provides protection for the contents of your home and other personal belongings owned by you and other family members who live with you. Coverage is limited on certain types of property that are especially susceptible to loss, such as: • Jewelry. Antiques. Furs.
What is Plan B coverage?
Part B helps pay for covered medical services and items when they are medically necessary. Part B also covers some preventive services like exams, lab tests, and screening shots to help prevent, find, or manage a medical problem.
What is coverage F?
Coverage F, or “Medical Payments to Others” coverage is the component of your homeowners insurance policy which will help pay towards injuries sustained by someone who is not the insured, or a regular resident of the property.
What type of insurance protects against damages or injuries?
Liability insurance is an insurance product that provides protection against claims resulting from injuries and damage to other people or property. Liability insurance policies cover any legal costs and payouts an insured party is responsible for if they are found legally liable.
What is the name of the thing you pay every month for insurance?
Premium. The amount you pay for your health insurance every month. In addition to your premium, you usually have to pay other costs for your health care, including a deductible, copayments, and coinsurance. If you have a Marketplace health plan, you may be able to lower your costs with a premium tax credit.
What is a type of insurance coverage?
The most common types of insurance coverage include auto insurance, life insurance and homeowners insurance. Insurance coverage helps consumers recover financially from unexpected events, such as car accidents or the loss of an income-producing adult supporting a family.