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Insurance & Risk Management
23. Chapter 26: Commercial Liability Insurance/Commercial General Liability Policy
23. Chapter 26: Commercial Liability Insurance Illustration
Syllabus Slides

Commercial General Liability Policy

01.Core Concepts

Section IV of the CGL states the various conditions that apply to the coverage form For example, this section contains provisions for dealing with bankruptcy, and the duties in the event of an occurrence Section V of the CGL contains the definitions of various terms used in the policy Some terms defined in the policy include “advertisement,” “hostile fire,” and volunteer worker”