In the course of my teaching duties at Temple Law School this semester, I have gone through many important provisions of a commercial general liability policy with the students. Doing so has caused me to notice some terms that I have never even remotely thought about in all these years. And I’m sure that’s the case for many long-time insurance professionals.
For example, I’ve never even come close to having a claim that involved any of the following provisions in a CGL policy:
- The vending machine exception to the definition of “your product”
- An “insured contract” on the basis of a sidetrack agreement
- The exception to the aircraft exclusion for liability assumed under an “insured contract” for the ownership, maintenance or use of the aircraft.
- Coverage for a bail bond, as a supplementary payment, for a “traffic law violation”
- The “war exclusion” for purposes of a claim for “personal and advertising injury”
If anyone has ever been involved in a claim where one of these CGL policy provisions was in play, I’d love to hear about it. The first two people who can tell me the details of such a claim will each get a copy of the 4th edition of Insurance Key Issues. I know. I know. You could just make a story up. But would anyone really do that? We’re talking about a copy of an insurance book. I’m not giving away a Tesla here folks. I trust you. Well, mostly. I reserve the right to cross-examine any entrant if something doesn’t smell right.
Get A Coverage Opinions Pen – Just Ask
I started out with hundreds. I now have just ten
Coverage Opinions pens sitting in a drawer. If anyone wants one just ask. The first ten people to reply will get the pen that will change their lives. It’s as life changing as a squip (Broadway trivia).