Cg0001 Insurance Form

Insurance does not apply.

Cg0001 insurance form. The word insured means any person or organization qualifying as such under section ii who is an in sured. The release form identifies all parties to a claim states the date and location of the insured event and details the terms of settlement of a claim. Although there are a variety of commercial general liability coverage forms the most common is the cg0001 commercial general liability coverage form today we will review this form and explain how most insurance policies are put together. Commercial general liability cg 00 01 10 01 commercial general liability coverage form various provisions in this policy restrict coverage.

Other words and phrases that appear in quotation marks have special meaning. This standard form published by the insurance services office iso provides three separate per occurrence coverages. The release contains a statement that as a condition of the settlement prevents any further claim or legal action against the insurer for the insured event. 1 the amount we will pay for damages is limited as described in section iii limits of insurance.

Commercial general liability coverage form. And 2 our right and duty to defend ends when we have used up the applicable limit of. Coverage a bodily injury property damage liability coverage b personal advertising injury liability and coverage c medical payments. Section i coverages coverage a bodily injury and property damage liability 1.