Cg 25 03 05 09 2025

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This document is an endorsement for a Commercial General Liability insurance policy, specifically addressing the General Aggregate Limit for designated construction projects. It outlines how the aggregate limit applies separately to each project listed in the schedule, detailing the conditions under which damages and medical expenses are covered. The endorsement clarifies that payments made under specific coverage will reduce the respective limits without affecting other projects' limits, and it includes provisions regarding changes or delays in construction projects.

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What does a per project aggregate endorsement mean?

This limit, or ceiling, applies to covered incidents of bodily injury, property damage, personal injury, and advertising injury, with the exception of injuries related to the products-completed operations hazard.

What is a cg 25-03 endorsement?

Common Endorsement: Designated Construction Project(s) General Aggregate Limits (CG 25 03) This endorsement was designed to make a separate general aggregate limit available for each construction project/site that the insured was involved in and listed in the endorsement.

What is cg 25/04 designated location general aggregate limit?

If the CG 25 04 Designated Locations General Aggregate Limit is attached, the general aggregate limit applies to each insured location. These are locations that are owned by, leased or rented to the insured but are not locations at which the insured is working. This endorsement is a premises liability endorsement.

What does general aggregate limit mean in insurance?

General aggregate limit is the maximum limit of insurance payable during any given annual policy period for all losses other than those arising from specified exposures.

What is general aggregate per location endorsement?

If the general aggregate limit is on a per location basis, that means it will apply to each location of the policyholder. This typically is used by owners of buildings and retail stores since they have many different locations and they want aggregate limits for each location.

What does aggregate amount mean in insurance?

The Aggregate amount represents the maximum an insurance company will pay for all covered claims during a specific policy period. In the event the total value of all covered claims reaches this amount, an insured would be responsible for losses above the Aggregate limit during the applicable policy period.

Cg 25 03 05 09 2025

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Cg 25 03 05 09 2025

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What does a per project aggregate endorsement mean?

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What is cg 25/04 designated location general aggregate limit?

What does general aggregate limit mean in insurance?

What is general aggregate per location endorsement?

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