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Does products and completed operations coverage cover nurses and other attendents?
The General Liability policy that provides "Products & Completed Operations" coverage also includes an exclusion that would prohibit coverage for Medical Malpractice or Professional or Medical Services.
I'm not entirely clear on what type of claim scenario you are inquiring about, however if you are asking if the Products & Completed Operations liability would provide coverage if your nurse fails to properly care for a patient, and that patient subsequently dies or is injured, the answer is no. You would need to obtain Professional Liability coverage (Med Mal) for those services.
What else can I help you with?
Do dentists need Products-completed operations insurance?
Yes. In addition to Malpractice coverage for the services performed, dentists need to have Products & Completed Operations coverage for the products, medicines and other goods sold to the general public (such as at-home teeth whitening systems, mouth guards, etc). The only exception would be if your Malpractice coverage will pick up the incidental products exposure for the sale of these products in your practice.
What is products completed operations mean?
Products and completed operations insurance coverage means that you will be protected for a product that you sell, in the event the item causes damage or injury. Suppose you manufactured and distributed a toy, and a child choked on it, that would be a product liability.
What is products-completed operations mean?
Products and completed operations insurance coverage means that you will be protected for a product that you sell, in the event the item causes damage or injury. Suppose you manufactured and distributed a toy, and a child choked on it, that would be a product liability.
Does the general aggregate limit apply to products-completed operations?
Your general liability policy contains three separate limits. A per occurrence limit (Max paid out for any one occurrence) Aggregate (Max pay out for multiple policies on claim) Products and completed ops aggregate (Can reduce amount paid for product or operations claims, to below the other aggregate limit or even the per occurrence limit. Lack of products and completed ops coverage can also be a problem which would show no product and completed ops limit. yes - there is a separate aggregate for products coverage and premises operations.
What is products completed operations insurance?
Product completed operations insurance is a liability insurance that covers manufacturers and contractors. This protects the insured in the claims brought by the products they have distributed, handled or sold.
Where in a Commercial General Liability policy with Products and completed operations coverage would a General Contractor be covered for defective workmanship and building code violations?
Defective Workman ship is not covered.
What does products comp op agg mean in insurance?
In insurance, "products comp op agg" typically refers to "products completed operations aggregate," which is a type of liability coverage. This insurance protects businesses against claims arising from bodily injury or property damage resulting from their products or completed work after it has been delivered or performed. The aggregate limit is the maximum amount the insurer will pay for all claims during a policy period, providing essential coverage for companies that manufacture products or provide services.
What is product operator?
Products and completed operations insurance coverage means that you will be protected for a product that you sell, in the event the item causes damage or injury. Suppose you manufactured and distributed a toy, and a child choked on it, that would be a product liability.
What is product operation?
Products and completed operations insurance coverage means that you will be protected for a product that you sell, in the event the item causes damage or injury. Suppose you manufactured and distributed a toy, and a child choked on it, that would be a product liability.
What is product mean?
Products and completed operations insurance coverage means that you will be protected for a product that you sell, in the event the item causes damage or injury. Suppose you manufactured and distributed a toy, and a child choked on it, that would be a product liability.
What if the products completed operations aggregate amount is insufficient?
You can purchase an Excess/Umbrella policy to increase your liability limits.
What is the general liability class code for vacant land?
49451. Vacant land. Rural including products and/or completed operations
