Details in the ACORD 25 Certificate of Insurance

Continuing to work our way through the information and data in the ACORD 25 Certificate of Liability Insurance form, here is a quick explanation of the Commercial General Liability Coverage Limits.

The explanations I give are intended to help you complete the Certificate of Insurance. They are not court room definitions and do not replace the wording in any policy. Most general liability policies do not include all these coverages and so the fields would be left blank on the certificate.

Each Occurrence - This is the basic Coverage A limit for Bodily Injury and Property Damage. Regardless of whether the policy is Claims Made or Per Occurrence, this is the limit.

Damage to Rented Premises (each occurrence) -  It covers the insured's liability to others if you occupy leased or rented property for which you could be held legally liable for damage to the property due to fire or explosion. This used to be called Fire Legal Liability.

Medical Expenses (any one person) - this pays, regardless of fault, other persons medical or funeral expenses as outlined in the policy coverage form.

Personal and Advertising Injury - Also referred to as Coverage B. It covers intentional torts such as libel, slander and false arrest.

General Aggregate - This is the maximum amount which will be paid during a given policy period.

Products - Completed Operations - Products coverage pays for covered bodily injury or property damage resulting from a manufacture'rs or distributor's product. Completed operations pays for bodily injury or property damage resulting from work done by a contractor or similar provider.

The final Limits coverage space is blank. You can use it for any other coverage provided under the referenced Commercial General Liability Policy contract.

Hope this is helpful. Next post will review the Automobile Liability section of the ACORD 25 Certificate of Liability form.