Get 01exempt.pdf. Gl Form

CG 20 10 04 13: Additional Insured – Owners, Lessees or Contractors – Scheduled Person or Organization. Only protects the additional insured if the work is performed FOR the additional insured.

The 126 form is more commonly known as the Commercial General Liability Section. This application is used to record client information including things like insured's exposure, loss history and other necessary business operations details.

The CG 20 10 covers the additional insured with respect to liability caused by your ongoing operations. “Ongoing operations” does not include “completed operations.” Therefore, the current form CG 20 10 does not include completed operations coverage for the additional insured.

A significant difference between the CG 20 10 and CG 20 33, is CG 20 33's requirement that there must be a written contract or agreement between the additional insured and the named insured. As a way to explain the significance of the written contract requirement, imagine a custom home building project.

A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Each account is a unique record summarizing a specific type of asset, liability, equity, revenue or expense.

A named insured is entitled to 100% of the benefits and coverage provided by the policy. An additional insured is someone who is not the owner of the policy but who, under certain circumstances, may be entitled to some of the benefits and a certain amount of coverage under the policy.

CG2037 4/13 This endorsement contains the same limitations and conditions as the CG2010 EXCEPT that this endorsement insures the additional insured for completed operations of the contractor and not ongoing operations. This endorsement supplements the CG2010.

CG 00 01 Commercial General Liability Coverage Form (Occurrence Version)