The Commercial General Liability (CGL) Insurance Policy is the standard business policy used to pay claims for bodily injury or property damage to others. The policy is divided into three coverage sections—each with its own exclusions—and a supplementary payments section. Do you ever hear—or worry—that an insurance company will not pay a claim because coverage is excluded? In order to know how claims are paid, you need to understand the policy’s insuring agreements and exclusions. In this book, attorney and insurance professional Dwight M. Kealy explains the insuring agreements in Coverage A, B, and C. He gives memorable examples of every standard exclusion—and some significant non-standard exclusions. He explains every supplementary payment, and he explains how policy limits impact how claims are paid.
Every day, thousands of people request and receive proof of someone else’s Commercial General Liability (CGL) insurance. They might be named as a certificate holder or they might be named as an additional insured. They might want to be named as an additional insured for ongoing operations, completed operations, or “your work.” They might request Primary Wording, or Non-Contributory Wording, or a Waiver of Subrogation, or a Hold Harmless Agreement. They might say that the insurance company has to have an A.M. Best Rating of at least A-, VIII, and write business in the state on an admitted basis. WHAT DOES ALL OF THIS MEAN? If you are requiring or providing additional insured endorsements, you should know what they mean. In this book, attorney and insurance professional Dwight M. Kealy walks the reader through memorable answers to these kinds of questions that are faced everyday by insurance professionals, attorneys, risk managers, and any business that regularly deals with insurance requirements.
Click the image to watch the free webinar I did for the Securities and Insurance Licensing Association entitled: Defamation! Libel! Slander! Is there insurance coverage for that?
Before becoming a college professor, I created a series of insurance training videos and posted them on InsuranceSpanish.com. The site is a resource for people who want to be able to communicate about insurance and business concepts in Spanish, but the videos are also helpful for people only interested in insurance in English. I had worked with a number of Spanish speaking insurance professionals, and although I thought I knew Spanish fairly well, I realized that I didn’t always know the best way to say certain insurance phrases in Spanish. Many Spanish speaking insurance professionals admitted that they didn’t always know the correct Spanish for insurance terms either. So, with the goal of adding practical and entertaining content into the Youtube universe, highlighting some of my Spanish speaking insurance colleagues, having fun making some Youtube videos with my dad, and selfishly making sure that I understood insurance terms in Spanish, InsuranceSpanish.com was born.