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CG 20 37 (Edition 10/01): Provides additional insured status with respect to the products-completed operations hazard in connection with the named insureds work. Coverage applies only for completed operations claims there is no coverage for premises and operations which can be included by applying CG 20 10 ED 10 01.
What is the benefit of being named additional insured?
Key Takeaways. An additional insured extends liability insurance coverage beyond the named insured to include other individuals or groups. An additional insured endorsement protects the additional insured under the named insurers policy allowing them to file a claim if sued.
What is the difference between CG 2010 and CG 2033?
A significant difference between the CG 20 10 and CG 20 33, is CG 20 33s requirement that there must be a written contract or agreement between the additional insured and the named insured. As a way to explain the significance of the written contract requirement, imagine a custom home building project.
What is a cg2010 endorsement?
The CG 20 10 covers the additional insured with respect to liability caused by your ongoing operations. Ongoing operations does not include completed operations. Therefore, the current form CG 20 10 does not include completed operations coverage for the additional insured.
What does cg mean in insurance?
The letters indicate the type of coverage: CG = General Liability; CA = Commercial Auto; CF = Property.
Reproduction of Insurance Services Office, Inc. Form
Your insurance companys underwriter will have a similar version of form # CG 20 10 11 85 to meet the endorsement requirement. Please note that Cal State San
WHO IS AN INSURED (Section II) is amended to include as an insured the person or organization shown in the Schedule, but only with respect to liability
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