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June 20, 2016
Words and Terms Used Throughout the Policy
Summary: Words and terms that have a contractually defined meaning that applies throughout the commercial general liability (CGL) coverage forms are discussed in this article. The definition section of the CGL form is section V in the occurrence version and section VI in the claims-made version.
Topics covered:
Analysis
This definition is simple enough but it should be remembered for its special significance when used within the body of the CGL form. For example, when an exclusion applies to "you", that means that only the named insured is affected by the exclusion. This is true also when an insuring agreement or a condition refers to "you" or "your"; only the named insured is the affected party, not every person or organization that qualifies as an insured under the CGL form.and
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