WebbProducts and Completed Operations Personal Injury Liability Contractual Liability The policy shall be on an occurrence form and limits shall not be less than: $1,000,000 Each Occurrence $2,000,000 General Aggregate $1,000,000 Products/Completed Operations Aggregate $1,000,000 Personal & Advertising Injury Automotive Liability: The Party shall … WebbMinimum Limits of Insurance $2,000,000 Each Occurrence Limit for bodily injury and property damage $2,000,000 General Aggregate Limit $2,000,000 Products and Completed Operations Aggregate Limit $10,000 Medical Expense Limit If Commercial General Liability Insurance or other form with a general aggregate limit is used, it shall be revised to …
Products-Completed Operations: What Is It & Do I Need It in 2024?
Webb3 juli 2006 · Two 11-Story towers, type 1 construction with 354 residential units and 50,000 square feet of retail space at a construction cost of $80 million. Using the three methods, the recommended limit to... Webb8 nov. 2024 · So, even if the above bicycle rental shop does have an incidental product or completed operations exposure (such as occasionally adjusting the brakes on a bicycle owned by a good customer), any resulting bodily injury or property damage is still covered by the CGL policy—but all claims are subject to the general aggregate limit and not the … likewize new zealand limited fis
Chapter 10 Commercial General Liability Insurance, Part II - Quizlet
Webb18 okt. 2024 · Product completed operations insurance covers medical costs, repair costs, and legal fees in the case of lawsuits brought about by events such as: Accidental Contamination Accidental Defects Labeling Mistakes ( click here for a few examples from the FDA) Accidental or Malicious Tampering Poor Quality or Inadequate Service or Work … WebbProducts-completed operations aggregate limit: $2,000,000 Each occurrence limit: $1,000,000 Personal and advertising injury limit: $1,000,000 Damage to premise rented … Webb30 juli 2024 · Policy Limits Claims arising out of your products or completed work are subject to both the Each Occurrence limit and the Products-completed Operations … likewize us llc f/k/a brightstar us llc