Understanding Premises Operations and Products-Completed Operations

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As a working Trade Contractor, your company is typically required to have General Liability (GL) coverage before entering a project site. Within your GL policy, you have coverage for Premises Operations and Products-Completed Operations as a Named Insured. Since both Premises and Completed operations coverages are included in your typical General Liability policy, there will likely be contractual requirements that ask you to provide Additional Insured endorsements showing coverage for the Owner, General Contractor and/or Trade Contractor.

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Topics: Additional Insured, Completed Operations Coverage

Completed Operations Coverage (Part 2)

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Last week, TSIB explored why Completed Operations coverage was important and who it affects. This week, we want to discuss the key time periods of completed operations.

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Topics: Completed Operations Coverage

Completed Operations Coverage (Part 1)

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sImagine you are a fire sprinkler installer and you use incorrect fittings to install sprinkler heads in an office building. Two years after the project is completed, the heads begin to leak and damage the drywall, carpeting, and computer equipment of a tenant. Your Completed Operations coverage will step in and pay for the claims on this property damage. However, the coverage will not pay to fix your defective work, leaving your company responsible for that bill.

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Topics: Completed Operations Coverage