Final answer:
Owners and Contractors Protective Liability Form added to a CGL policy aims to protect the construction project's owner or the hiring contractor against liabilities from the contractor's work, including bodily harm, property damage, and legal defense costs.
Step-by-step explanation:
The main purpose of an Owners and Contractors Protective Liability Form, which can be added to a Commercial General Liability (CGL) policy, is to provide liability coverage for an owner or contractor of a construction project against specific risks related to the project. It protects the insured from claims that arise due to the contractor's operations on behalf of the insured.
The protection typically includes coverage for bodily injury, property damage, and certain legal defense costs. This form is particularly valuable when the owner hires contractors, as it can fill the gaps not covered by the contractor's own CGL policy, offering a safeguard to the project owner against vicarious liability or negligence.