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Comprehensive Personal Liability

Comprehensive Personal Liability

It’s a beautiful Saturday morning, and you’re out on the golf course with a few buddies. It’s all fun and games until you take a bad swing and your golf ball ends up conking a nearby golfer in the head, knocking him out cold. What are the chances? The injured golfer’s attorney sends a letter requesting payment for medical bills and pain and suffering. Now what? This is where the concept of Comprehensive Personal Liability comes in. What is Comprehensive Personal Liability Insurance? Comprehensive Personal Liability (CPL) insurance is coverage that protects an individual against claims for liability arising out of bodily injury or property damage claims related to personal activities.  There are three ways to get this coverage: It is packaged in with your homeowners, renters or dwelling insurance policy.  Most personal insurance policies include liability insurance coverage, which is also called comprehensive personal liability. The coverage can be purchased as a stand alone policy for individuals who do not own or rent physical property that needs to be covered separately. CPL can be added to an existing personal auto policy. CPL coverage isn’t just limited to an insured premises. The coverage is usually worldwide, though you should check your policy to find out the coverage territory. The policy pays for bodily injury or property damage caused by an occurrence for which the coverage applies, subject to certain exclusions. Who Should Purchase Comprehensive Personal Liability? Accidents happen at home and away from home. A CPL policy provides both legal defense and indemnification of individuals, so every adult should have this coverage to protect themselves in the event of...
Personal & Advertising Injury Liability

Personal & Advertising Injury Liability

There are many facets to a Commercial General Liability (CGL) policy, but the common definition for policyholders is that CGL insures against bodily injury and property damage.  While this is true, your CGL policy can be stretched to include other types of injury or damages that have nothing to do with bodies or property. On most CGL declarations pages there is usually a limit listed for “Personal & Advertising Injury”. What is that, and why does it warrant its own separate limit and line item? Why It Exists Injury and damage can occur in several different ways, some of which can’t be fixed by a doctor or with a hammer and some nails.  Personal and advertising injury coverage under the CGL was created after many court cases where just such injuries or damages occurred and were awarded.  This takes tort theory (the theory of fault) from the physical (broken leg) to the mental (damaged reputation). What It Is The Commercial General Liability Coverage Form (CG 00 01) defines Personal & Advertising Injury as follows: While there could be a bodily injury component to it, most damages under this coverage fall under libel, slander, false arrest and misuse of intellectual property such as advertisements, photographs, etc.  The above is the Insurance Services Office (ISO) form definition, and carriers using manuscript forms may have varying definitions or this coverage, and various exclusions may apply. Why You Need It Even businesses that typically provide a service can expose themselves to personal and advertising injury claims.  These claims often come about through the use of print or radio & television advertising, or through...