SUPPLEMENTARY PAYMENTS. These Supplementary Payments are subject to the terms of the Principal Coverages and they do not increase the limit of liability stated for the principal coverages except: Claims and Defense Expense Coverage.
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SUPPLEMENTARY PAYMENTS. The employer may award individual employees a non superable payment additional to the salary on the grounds of recruitment and retention. The conditions relating to the payment, including when it will be reviewed, will be detailed at the time the payment is put in place.
Sample 1Sample 2See All [6]
SUPPLEMENTARY PAYMENTS. In addition to the limit of liability specified in the schedule, we will pay on behalf of an insured person the following:
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SUPPLEMENTARY PAYMENTS. This policy provides the following Supplementary Payments. These incidental coverages are subject to the terms of the Principal Coverages. These Supplementary Payments do not increase the limit of liability stated for the principal coverages except: Claims and Defense Expense Coverage.
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SUPPLEMENTARY PAYMENTS. The Insurer shall reimburse the Insured, subject to the aggregate Limit of Liability, up to $150,000.00 for Compliance Costs incurred during the Policy Period in connection with any Voluntary Compliance Programs provided the Insured gives prior written notice to the Insurer of its intent to enter into such Voluntary Compliance Programs during the Policy Period. This supplementary payment is part of and not in addition to the Limit of Liability for the Fiduciary Liability Coverage Part stated in the Management Liability Coverage Part Declarations. No retention applies to this supplementary payment.
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SUPPLEMENTARY PAYMENTS. We pay the following expenses incurred in connection with a suit defended by us under Personal Liability coverage. These supplementary payments are subject to the terms of the Principal Coverage and they do not increase the limit of liability stated for the principal coverage except: Claims and Defense Expense Coverage.
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SUPPLEMENTARY PAYMENTS. In addition to the limit of insurance for Coverage B, we will pay, with respect to any claim or action we defend:
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SUPPLEMENTARY PAYMENTS. 5-6 Exclusions................................................................................................................................................ 6-8 What You Must Do in Case of Loss ...................................................................................................... 8 How Much We Pay for Loss or Claim .................................................................................................. 8-9 Payment of Loss or Claim...................................................................................................................... 9 Policy Conditions 9-14 Nuclear Exclusion 14-15
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SUPPLEMENTARY PAYMENTS. 8-9 Exclusions 9-12 What You Must Do in Case of Loss 12-13 How Much We Pay for Loss or Claim 13-14 Policy Conditions 14-15 Nuclear Exclusion 15-16
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SUPPLEMENTARY PAYMENTS. 8 Exclusions ......................................................................................................................................... 9 What You Must Do in Case of Loss ............................................................................................... 11 How Much We Pay for Loss or Claim ........................................................................................... 11
Sample 1
A Commercial General Liability [CGL] policy protects your business from financial loss should you be liable for property damage or personal and advertising injury caused by your services, business operations or your employees. It covers non-professional negligent acts. Understanding this coverage is an important first step in managing CGL risks.
Here are just a few examples of situations in which your business could be responsible for paying various costs, such as medical and legal expenses, as well as compensatory and punitive damages:
- While visiting your business, a customer trips on loose flooring and is injured.
- An employee in your painting or construction business accidentally leaves water running, causing substantial damage to a customer’s home.
- A class action lawsuit is filed against your business, alleging advertisements constituted misleading information.
What commercial general liability insurance covers
A CGL insurance policy will usually cover the costs of your legal defense and will pay on your behalf all damages if you are found liable—up to the limits of your policy. CGL coverage is one of the most important insurance products, due to the negative impact that a lawsuit can have on a business and because such liability suits happen so frequently. Standard CGL includes:
Coverage A: Bodily Injury and Property Damage Liability
Bodily injury and property damage coverage provides protection against losses from the legal liability of insureds for bodily injury or property damage to others arising out of non-professional negligent acts or for liability arising out of their premises or business operations. Mental injuries and emotional distress can be considered bodily injuries, even in the absence of physical bodily harm.
Workers compensation and employment practices liability insurance are excluded but can be purchased as separate policies. In addition, pollution liability is excluded and can be purchased as an endorsement. However, this coverage is very limited, and high-risk businesses should consider purchasing a separate pollution liability policy. Liquor liability, professional liability and other risks may also be excluded. An insurance professional can help you to determine endorsements that are right for your type of business.
Coverage B: Personal and Advertising Injury
Personal and advertising injury liability protects an insured against liability arising out of certain offenses, such as:
- Libel
- Slander
- False arrest
- Infringing on another’s copyright
- Malicious prosecution
- Use of another’s advertising idea
- Wrongful eviction, entry or invasion of privacy
Coverage C: Medical Payments
Limited coverage for medical payments includes payments for injuries sustained by a non-employee caused by an accident that takes place on the insured’s premises or when exposed to the insured’s business operations. Medical payments coverage can be triggered without legal action. This provides for prompt settlement of smaller medical claims without litigation. It is included in the CGL policy and pays for all necessary and reasonable medical, surgical, ambulance, hospital, professional nursing and funeral expenses for a person injured or killed in an accident taking place at the insured’s premises or arising from business operations. There is no defense or legal liability coverage—as there is with bodily injury and property damage [Coverage A] and personal and advertising liability [Coverage B] —since coverage is provided on a no-fault basis.
Purchasing commercial general liability insurance
You can purchase commercial general liability insurance as a stand-alone policy, as part of a Business Owners Policy [BOP] or as part of a Commercial Package Policy [CPP]. Consult with your insurance professional about what type of coverage you need and how much. If your general liability policy, BOP or CPP do not provide sufficient coverage, you may want to consider purchasing a commercial excess [umbrella] policy, which will provide additional protection.
Additional liability coverages to consider
Depending on your type of business, you may want to consider additional liability coverage that is not part of commercial general liability insurance. Talk with your insurance professional, risk manager and/or legal counsel regarding the types of coverages that you may need. The following is not exhaustive, but key types of insurance to consider include:
Directors and Officers liability
Directors and officers liability insurance protects past, present and future directors and officers of for-profit or nonprofit companies from damages resulting from alleged or actual wrongful acts they may have committed in their positions. The policy provides protection in the event of any actual or alleged error, misstatement, omission, misleading statement or breach of duty. In addition, some policies extend the same coverage to employees.
Liquor liability
Liquor liability insurance is business coverage that protects your business against loss or damages claimed as a result of a patron of your business becoming intoxicated and injuring himself or others. If your business manufactures, sells, serves or facilitates the use or purchase of alcohol, then your business will likely need this coverage. Liquor liability coverage may be sold as an add-on to a commercial liability policy or as a stand-alone policy. But, if you do not purchase this extra coverage, your standard commercial general liability policy does not protect your business against liquor-related claims.
Pollution liability
This type of coverage provides industrial, commercial and agricultural property owners, managers and developers with a broad range of pollution liability protection for gradual, as well as sudden and accidental, first-party and third-party environmental liabilities. It also protects assets from unforeseen environmental exposures that could have substantial impact on earnings. In addition, it protects against unforeseen pollution hazards that may lead to bodily injury, property damage or pollution clean-up costs.