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CARRIER:Construction and Premises Protective Product CONSTRUCTION AND PREMISES PROTECTIVE PRODUCT APPLICATIONPlease complete all sections of this application and have signed by the applicant. NOTE:
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01
Identify the products or completed operations that are being performed by your business.
02
Determine the scope of these products or completed operations, including any potential risks or liabilities involved.
03
Collect relevant documentation and information regarding the products or completed operations, such as contracts, warranties, and quality control measures.
04
Evaluate the financial impact of these products or completed operations, including any potential losses or claims that may arise.
05
Fill out the products-completed operations section of your insurance policy application with accurate and detailed information based on the above steps.

Who needs what is products-completed operations?

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Businesses that provide products or completed operations as part of their services may need products-completed operations coverage.
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Insurance companies may require businesses to have products-completed operations coverage as part of their general liability insurance policy.
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Products-completed operations is a type of liability insurance that provides coverage for claims arising from products that have been completed, manufactured, or sold, particularly after they have been delivered to the customer.
Manufacturers, retailers, and contractors who produce, sell, or install products are typically required to file for products-completed operations insurance to protect against potential liabilities related to their completed work.
To fill out a products-completed operations form, gather all relevant business and product information, including details of the products, the nature of operations, and coverage limits. Complete the required sections on the form accurately and submit it to the relevant insurance provider.
The purpose of products-completed operations is to provide protection to businesses from claims arising after a product has been completed, ensuring financial security in the face of product-related liabilities.
Information that must be reported includes details about the products involved, descriptions of operations, estimated annual sales and operations, and any prior claims history related to the products.
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