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Printable Cg 20 10 07 04 Liability Endorsement Form

The CG 20 10 07 04 Liability Endorsement form serves to modify a Commercial General Liability policy by adding specific individuals or organizations as additional insureds. This endorsement outlines the conditions under which these additional insureds are covered for liabilities arising from bodily injury, property damage, or personal and advertising injury related to the named insured's operations. Understanding the implications of this endorsement is crucial for ensuring adequate protection in contractual agreements.

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Key takeaways

Here are some key takeaways regarding the Cg 20 10 07 04 Liability Endorsement form:

The form is specifically designed for Commercial General Liability coverage.
It allows for the inclusion of additional insured parties, such as owners, lessees, or contractors.
Information about the additional insured must be completed in the schedule section of the form.
The endorsement only covers liability related to "bodily injury," "property damage," or "personal and advertising injury."
Coverage applies only for acts or omissions of the insured or those acting on their behalf.
Insurance for additional insureds is limited to the extent required by law.
If a contract requires coverage for an additional insured, it cannot exceed the limits specified in that contract.
Coverage does not apply to injuries or damages occurring after the completion of all work on the project.
Once the work is put to its intended use, coverage for that portion ceases.
The maximum amount payable for additional insureds is the lesser of the contract requirement or the available insurance limits.

What to Know About Cg 20 10 07 04 Liability Endorsement

What is the purpose of the CG 20 10 07 04 Liability Endorsement form?

The CG 20 10 07 04 Liability Endorsement form is designed to add specific individuals or organizations as additional insureds under a Commercial General Liability policy. This means that the additional insureds will have coverage for certain liabilities that arise from the actions of the policyholder or their representatives while performing work for the additional insureds.

Who can be named as an additional insured?

Any person or organization can be named as an additional insured, provided they are listed in the schedule section of the endorsement. This typically includes owners, lessees, or contractors involved in a project where the primary insured is performing work.

What types of liability are covered for the additional insureds?

The endorsement covers liability for bodily injury, property damage, or personal and advertising injury. However, this coverage only applies when the liability is caused, in whole or in part, by the acts or omissions of the primary insured or their representatives during the performance of ongoing operations for the additional insured.

Are there any limitations to the coverage provided?

Yes, there are limitations. The coverage for additional insureds is only effective to the extent permitted by law. Additionally, if a contract or agreement specifies the coverage required, the insurance provided cannot exceed what is mandated by that contract.

What happens if the work is completed?

If all work related to the project is completed, any bodily injury or property damage that occurs afterward is not covered under this endorsement. This includes situations where materials, parts, or equipment have been furnished in connection with the completed work.

What is meant by "intended use" in the context of this endorsement?

The term "intended use" refers to when the completed work is used by someone other than a contractor or subcontractor involved in the project. If the work has been put to its intended use, and an injury or damage arises from that use, coverage may not apply.

How are the limits of insurance determined for additional insureds?

The limits of insurance for additional insureds are determined by the lesser of the amount required by the contract or agreement or the applicable limits of the primary insured's policy. This means that the coverage cannot exceed what is specified in the contract.

Does this endorsement increase the overall limits of insurance?

No, the endorsement does not increase the overall limits of insurance. The coverage for additional insureds is subject to the existing limits of the primary insured's policy.

What should policyholders do if they have further questions about this endorsement?

Policyholders should review the endorsement carefully and consult with their insurance agent or legal advisor for clarification on any specific terms or implications. Understanding the coverage provided and any limitations is crucial for effective risk management.

Cg 20 10 07 04 Liability Endorsement - Usage Instruction

Filling out the CG 20 10 07 04 Liability Endorsement form is an important step in ensuring that the necessary parties are covered under your insurance policy. This process requires attention to detail to ensure that all relevant information is accurately provided. Below are the steps to guide you through completing the form.

Begin by locating the POLICY NUMBER section at the top of the form. Enter your commercial general liability policy number in the designated space.
Next, find the NAME OF ADDITIONAL INSURED PERSON(S) OR ORGANIZATION(S) section. List the names of any additional insured parties that need to be included. Be sure to spell names correctly.
Proceed to the LOCATION(S) OF COVERED OPERATIONS section. Provide the addresses or locations where the covered operations will take place. This is essential for identifying the scope of coverage.
If there is any additional information required to complete the schedule, check the Declarations section. Fill in any missing details that are not included in the previous sections.
Review the entire form for accuracy. Ensure that all names, locations, and policy numbers are correct and match any supporting documents.
Finally, sign and date the form at the bottom. This step is crucial as it indicates your agreement to the terms outlined in the endorsement.

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