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Worldwide Coverage

 
Insurance Dictionary: Worldwide Coverage
 

Endorsement to the Commercial General Liability Insurance (CGL) policy that provides liability coverage to an insured business for damages anywhere in the world. Policies typically have territorial limits for liability coverage, but this endorsement extends coverage worldwide, so long as a damage suit is brought in the U.S. Or Canada.

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Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more