Question

In a commercial general liability policy, which liability exposure has its own aggregate liability limit that is separate from the general aggregate liability limit for the rest of the policy?

A Products completed operations
B Premises and operations
C contingent liability
D Contractual Liability

Answer 1

The liability exposure with its own aggregate limit in a commercial general liability policy is Products-Completed Operations. This covers liability for a company's products or completed work, separate from Premises and Operations, Contractual, or Contingent Liability.

Step-by-step explanation:

In a commercial general liability policy, the liability exposure that has its own aggregate liability limit separate from the general aggregate liability limit for the rest of the policy is Products-Completed Operations. The Products-Completed Operations exposure includes liability for damage or injury that results from a company's products or from work that has been completed.

This is distinct from Premises and Operations liability, which generally pertains to liability for injuries or damage that occur as a direct result of the business operations or on the business premises. Contractual Liability and Contingent Liability typically share the limits with the general aggregate.