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Fill Out a Valid Cg 20 10 07 04 Liability Endorsement Template

The CG 20 10 07 04 Liability Endorsement form is a document that modifies a commercial general liability insurance policy. It adds specific individuals or organizations as additional insured parties, protecting them against certain liabilities arising from the insured's operations. Understanding this endorsement is crucial for businesses to ensure they meet contractual obligations and manage risk effectively.

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The CG 20 10 07 04 Liability Endorsement form plays a crucial role in shaping the coverage landscape for businesses and their operations. This endorsement specifically addresses the inclusion of additional insured parties, such as owners, lessees, or contractors, providing them with essential liability protection. It modifies the existing Commercial General Liability coverage, ensuring that designated individuals or organizations are covered for specific liabilities arising from bodily injury, property damage, or personal and advertising injury. Importantly, this coverage applies only when these liabilities result from the actions or omissions of the insured or those acting on their behalf during ongoing operations. However, it is essential to note that the insurance provided will not exceed what is stipulated in any applicable contract or agreement. Furthermore, the endorsement outlines particular exclusions, emphasizing that coverage does not extend to incidents occurring after the completion of work or when the work has been put to its intended use. Lastly, the limits of insurance for these additional insureds are clearly defined, ensuring that the coverage aligns with contractual obligations without increasing the overall limits of insurance. Understanding these aspects is vital for businesses seeking to protect themselves and their partners effectively.

Misconceptions

There are several misconceptions surrounding the CG 20 10 07 04 Liability Endorsement form. Understanding these can help clarify its purpose and limitations. Below are five common misconceptions:

Misconception 1: The endorsement automatically provides full coverage to additional insureds.

This is not accurate. The endorsement only offers coverage to additional insureds for specific liabilities related to the named operations. The coverage is limited to what is outlined in the endorsement and may not extend beyond that.

Misconception 2: All types of injuries and damages are covered.

This endorsement does not cover all injuries or damages. It specifically excludes coverage for bodily injury or property damage that occurs after the work has been completed. This limitation is crucial for understanding when the coverage applies.

Misconception 3: The limits of insurance increase with this endorsement.

Many believe that adding an additional insured will increase the overall limits of insurance. However, the endorsement explicitly states that it will not increase the applicable limits of insurance. The coverage is confined to the limits already established in the policy.

Misconception 4: The endorsement applies regardless of contractual obligations.

Some think that the endorsement provides coverage without regard to any contracts. In reality, if the coverage for the additional insured is required by a contract, the insurance provided will not be broader than what the contract stipulates. This means that it is essential to understand the contractual obligations involved.

Misconception 5: The endorsement covers all operations performed for the additional insured.

This is misleading. The endorsement only covers ongoing operations at the specified locations for the additional insured. It does not cover completed work or operations that have been put to their intended use, which can lead to gaps in coverage.

↓ Cg 20 10 07 04 Liability Endorsement PDF Form

Key takeaways

Key Takeaways for the CG 20 10 07 04 Liability Endorsement Form:

The form adds specific individuals or organizations as additional insureds under your Commercial General Liability policy. Ensure you accurately list all names and locations.
Coverage applies only for liabilities related to your actions or those acting on your behalf during ongoing operations for the additional insured at the specified locations.
Be aware that coverage is limited by law and cannot exceed what is required by any contract or agreement.
Once the work is completed or the project is put to its intended use, coverage for any resulting bodily injury or property damage ceases.

Dos and Don'ts

When filling out the CG 20 10 07 04 Liability Endorsement form, it's crucial to follow specific guidelines to ensure accuracy and compliance. Here’s what you should and shouldn’t do:

Do read the entire endorsement carefully before filling it out.
Do provide complete and accurate information for the additional insureds.
Do double-check the policy number to avoid any errors.
Do ensure that the locations of covered operations are clearly defined.
Don’t leave any sections blank unless explicitly stated as optional.
Don’t assume that previous endorsements apply; each form is unique.

Cg 20 10 07 04 Liability Endorsement Preview

POLICY NUMBER:	COMMERCIAL GENERAL LIABILITY
	CG 20 10 12 19

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

ADDITIONAL INSURED – OWNERS, LESSEES OR

CONTRACTORS – SCHEDULED PERSON OR

ORGANIZATION

This endorsement modifies insurance provided under the following:

COMMERCIAL GENERAL LIABILITY COVERAGE PART

SCHEDULE

Name Of Additional Insured Person(s)

Or Organization(s)

Location(s) Of Covered Operations

Information required to complete this Schedule, if not shown above, will be shown in the Declarations.

A. Section II – Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by:

1.Your acts or omissions; or

2.The acts or omissions of those acting on your behalf;

in the performance of your ongoing operations for the additional insured(s) at the location(s) designated above.

However:

1.The insurance afforded to such additional insured only applies to the extent permitted by law; and

2.If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured.

B. With respect to the insurance afforded to these additional insureds, the following additional exclusions apply:

This insurance does not apply to "bodily injury" or "property damage" occurring after:

1.All work, including materials, parts or equipment furnished in connection with such work, on the project (other than service, maintenance or repairs) to be performed by or on behalf of the additional insured(s) at the location of the covered operations has been completed; or

2.That portion of "your work" out of which the injury or damage arises has been put to its intended use by any person or organization other than another contractor or subcontractor engaged in performing operations for a principal as a part of the same project.

CG 20 10 12 19

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C. With respect to the insurance afforded to these additional insureds, the following is added to

Section III – Limits Of Insurance:

If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance:

1.Required by the contract or agreement; or

2.Available under the applicable limits of insurance;

whichever is less.

This endorsement shall not increase the applicable limits of insurance.

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