What does an 'Additional Insured – Completed Operations' endorsement provide?

What does an 'Additional Insured – Completed Operations' endorsement provide?

• A. Coverage for BI/PD from the insured's completed operations for the additional insured.
• B. Coverage for medical payments only.
• C. Coverage for property damage to the insured's own property.
• D. Coverage for employee injuries.

Answer: (A)

The idea behind this endorsement is to extend the insured's liability protection to another party for injuries or property damage that result from the insured’s completed work. Once the insured has finished the work, if a claim arises later from that completed operation, the additional insured can be covered for bodily injury or property damage under the insured’s CGL policy. It does not provide medical payments, nor does it cover the insured’s own property damage or employee injuries, which are handled by separate coverages like medical payments, the insured’s own property coverages, or workers’ compensation.

The idea behind this endorsement is to extend the insured's liability protection to another party for injuries or property damage that result from the insured’s completed work. Once the insured has finished the work, if a claim arises later from that completed operation, the additional insured can be covered for bodily injury or property damage under the insured’s CGL policy. It does not provide medical payments, nor does it cover the insured’s own property damage or employee injuries, which are handled by separate coverages like medical payments, the insured’s own property coverages, or workers’ compensation.