September 2008 Dec Page
|Question of the Month
The bodily injury and property damage liability coverage offered by the CGL form is subject to an assortment of exclusions. One of these is exclusion (n), recall of products, work, or impaired property—also known as the sistership exclusion. It was in 1966 that insurance companies began to add to the standard general liability policy this exclusion, the purpose of which was to preclude coverage for the costs incurred because products have to be recalled or withdrawn from the market or from use because of a known or suspected defect or deficiency.
This premium content is locked for FC&S Coverage Interpretation Subscribers
Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
- Quality content from industry experts with over 60 years insurance experience, combined
- Customizable alerts of changes in relevant policies and trends
- Search and navigate Q&As to find answers to your specific questions
- Filter by article, discussion, analysis and more to find the exact information you’re looking for
- Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected]