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PRODUCTS AND COMPLETED OPERATIONS LIABILITY APPLICATION Applicants Instructions: 1. Answer all questions. If the answer to any question is NONE, please state NONE. Do not use N/A or Not Applicable.
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How to fill out products and completed operations

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How to fill out products and completed operations:

01
Start by gathering all relevant information about the products or services your business provides and their associated completed operations. This includes details such as product descriptions, warranties, installation or repair records, and any other supporting documentation.
02
Next, review your insurance policy to ensure you have the necessary coverage for products and completed operations. This coverage is typically included in a general liability insurance policy and protects your business from liability claims related to damages or injuries caused by your products or completed operations.
03
When filling out the insurance application or policy, provide accurate and detailed information about the products or services your business offers. This may include the types of products you sell, the industries you serve, and any potential hazardous activities involved in your operations.
04
Clearly outline the scope of your completed operations. For example, if you provide installation services, specify the timeframe during which these services are considered completed operations and the warranty period that follows.
05
Be transparent about any potential risks associated with your products or completed operations. This may include disclosing any known defects, safety concerns, or previous claims related to your products or completed operations.

Who needs products and completed operations:

01
Businesses that manufacture, distribute, or sell products: This includes companies involved in various industries such as manufacturing, retail, wholesale, and e-commerce. Any business that sells physical products should consider having products and completed operations coverage to protect against liability claims.
02
Businesses that provide services: Even if your business does not sell physical products, if you provide services that involve completed operations (e.g., construction, installation, repairs), you may still need products and completed operations coverage. This is because you can still be held liable for damages or injuries caused by your services.
03
Contractors and subcontractors: If you are a contractor or subcontractor working on construction projects, having products and completed operations coverage is crucial. This coverage protects you from liability claims arising from your work, including any damages or injuries caused by completed operations.
In summary, anyone involved in the production, distribution, sale, or provision of products or services should consider obtaining products and completed operations coverage. This coverage helps protect businesses from liability claims related to damages or injuries caused by their products or completed operations.
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Products and completed operations refers to a type of insurance coverage that protects businesses against claims related to products sold or operations completed.
Businesses that engage in selling products or completing operations are required to file products and completed operations insurance.
To fill out products and completed operations insurance, businesses need to provide information about the products sold or operations completed, as well as details about any claims or incidents.
The purpose of products and completed operations insurance is to protect businesses from liability claims related to the products they sell or the operations they complete.
Businesses must report information about the products sold, operations completed, any claims made against the business, and any incidents that occurred.
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