Definition Of Commercial General Liability Form (cgl) In Insurance

Definition of "Commercial general liability form (cgl)"

Kelly Horna, Real Estate Agent RE/MAX ELITE

Liability coverage section of a simplified commercial lines portfolio policy (sclp). Provides for separate limits of coverage for general liability, fire legal liability, products and completed operations liability, advertising and personal liability, and medical payments. An aggregate limit of liability is in force for the general liability, fire legal liability, advertising and personal liability, and medical payments claims. When total claims for all of these areas exceed a given annual aggregate limit of liability, the policy limits are said to be exhausted and no more claims for that year will be paid under the policy. There is also an aggregate limit of liability in force for products and completed operations liability claims. This form has replaced the comprehensive general liability insurance (CGL) form.