Principles of Risk Management and Insurance, 13th Edition

Commercial General Liability Policy

A commercial general liability (CGL) policy is widely used by business firms to cover their general liability loss exposures. Two alternate coverage forms are available: an occurrence form and a claims-made form. The following section discusses both forms of the CGL policy drafted by the Insurance Services Office (ISO).² The ISO released a revised version or the CGL in 2013.

Overview of the CGL Occurrence Policy

The CGL occurrence policy can be written alone or as part of a commercial package policy (CPP), discussed in the previous chapter. The occurrence form has five major sections:

• Section I—Coverages

  • Coverage A: Bodily injury and property damage liability

  • Coverage B: Personal and advertising injury liability ...