What is property damage or bodily injury? There is seldom a straight answer.
On almost every construction project the contractor and subcontractors are required to provide some form of liability insurance coverage. In most construction contracts the general contractor and the subcontractors are to maintain liability insurance to protect against unforeseen events. A Commercial General Liability Insurance or a Comprehensive General Liability policy, both commonly referred to as a CGL Policy, are the most common in the market. A CGL Policy covers the risk of damage to the property or persons of third parties. In the construction context an important consideration with regard to property damage is that the property damage must be physical damage. This white paper reviews CGL policies and their definitions, as well as policy periods and triggers.
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