Question

Under CGL, what is the occurrence form for bodily injury or property damage?

1) Within the policy period or thereafter with no limit on time
2) Only within the policy period
3) Within the policy period or a 60-day period following policy expiration
4) None of the above

Answer 1

The occurrence form for bodily injury or property damage under CGL insurance coverage allows coverage within the policy period or thereafter with no limit on time.

Step-by-step explanation:

The occurrence form for bodily injury or property damage under CGL (Commercial General Liability) insurance coverage is option 1) Within the policy period or thereafter with no limit on time.

This means that the policyholder is covered for bodily injury or property damage that occurs during the policy period as well as after the policy expires, with no time limit on when the claim can be made.

For example, if an incident of bodily injury or property damage occurs during the policy period but is not discovered until after the policy expires, the policyholder can still make a claim under the occurrence form.