Cg2404 2025

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The document outlines the 'Waiver of Transfer of Rights of Recovery Against Others to Us' endorsement for a Commercial General Liability policy. It specifies that the insurer waives its right to recover costs from a designated person or organization for injuries or damages related to ongoing operations or work performed under contract, as detailed in the schedule.

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What is a cg 24/04 endorsement?

WAIVER OF TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US. This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART. PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART.

What does it mean to waive subrogation rights?

The CG 21 44 provides coverage for: [T]he ownership, maintenance or use of the premises shown in the Schedule and operations necessary or incidental to those premises, or [T]he project shown in the Schedule. By its terms, the CG 21 44 provides coverage for either the project or the operations of the designated

Does a waiver of subrogation apply to general liability?

How Waivers of Subrogation Work. Often found in general liability, commercial auto, and workers compensation insurance. It often comes in two formats. It will be either specifically name an entity that the carrier waives itss right to subrogate against or it will be in the form of a Blanket Waiver of Subrogation.

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