Level: Intermediate
Why you need this course:
After completing this course, you’ll be able to determine whether a claim is covered under a Commercial General Liability Policy and, if it is, for how much.
Upon successful completion of this course, you should be able to:
- Explain how each of the following can be the basis for legal liability:
- Describe the following liability loss exposures that can be covered by commercial general liability (CGL) insurance:
- Premises liability exposure
- Operations liability exposure
- Products liability exposure
- Completed operations liability exposure
- Other CGL exposures
- Describe the insuring agreements, exclusions, and exceptions to exclusions under the following CGL coverages:
- Coverage A—Bodily Injury and Property Damage Liability
- Coverage B—Personal and Advertising Injury Liability
- Coverage C—Medical Payments
- Describe the supplementary payments provided by the CGL coverage form.
- Explain whether, and for what amount, the CGL coverage form would cover a described loss.
- Identify the persons and organizations that may be insured by the Commercial General Liability (CGL) Coverage Form.
- Explain how the following limits of insurance in the CGL coverage form are applied:
- Each occurrence limit
- Personal and advertising injury limit
- Damage to premises rented to you limit
- Medical expense limit
- General aggregate limit
- Products-completed operations aggregate limit
- Summarize the CGL conditions.
- Explain how the claims-made CGL form differs from the occurrence CGL form.
- Describe the purposes that can be served by endorsements to the CGL coverage form.
- Explain how the premium for CGL coverage is determined.
- Describe the purpose of each of the following:
- Liquor Liability Coverage Form
- Products/Completed Operations Liability Coverage Form
- Owners and Contractors Protective (OCP) Liability Coverage Form
- Railroad Protective Liability Coverage Form
- Explain whether, and for what amount, the CGL or other miscellaneous ISO liability coverage forms would cover a described loss.
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
Commercial General Liability Insurance Topics Include:
- Basis for legal liability
- Liability loss exposures that can be covered by commercial general liability (CGL) insurance, including:
- Premises liability exposure
- Operations liability exposure
- Products liability exposure
- Completed operations liability exposure
- Other CGL exposures
- The insuring agreements, exclusions, and exceptions to exclusions under specific CGL coverages
- Supplementary payments provided by the CGL coverage form
- The persons and organizations that may be insured by the Commercial General Liability (CGL) Coverage Form
- How limits of insurance in the CGL coverage form are applied
- CGL conditions
- Differences between the claims-made CGL form and the occurrence CGL form
- The purposes that can be served by endorsements to the CGL coverage form
- How the premium for CGL coverage is determined
- The purpose of each of the following:
- Liquor Liability Coverage Form
- Products/Completed Operations Liability Coverage Form
- Owners and Contractors Protective (OCP) Liability Coverage Form
- Railroad Protective Liability Coverage Form
Additional Course Resource
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: AICPCU/IIA
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
