Comprehensive General Liability Insurance

Comprehensive General Liability Insurance

Coverage

Part I  COMPREHENSIVE GENERAL LIABILITY INSURANCE COVERAGE PART
The Company will pay on behalf of the insured all sums which the insured shall become legally obligated to pay as damages because of A - bodily injury or B - property damage to which this insurance applies, caused by an occurrence, and the Company shall have the right and duty to defend any suit against the insured seeking damages on account of such bodily injury or property damage, even if any of the allegations of the suit are groundless, false or fraudulent, and may make such investigation and settlement of any claim or suit as it deems expedient, but the Company shall not be obligated to pay any claim or judgement or to defend any suit after the applicable limit of the Company's liability has been exhausted by payment of judgements or settlements.

Part II - PRODUCTS AND COMPLETED OPERATIONS LIABILITY INSURANCE COVERAGE PART
The Company will pay on behalf of the insured all sums which the insured shall become legally obligated to pay as damages because of A. bodily injury or B. property damage to which this insurance applies, caused by an occurrence, if the bodily injury or property damage is included within the completed operations hazard or the products hazard, and the Company shall have the right and duty to defend any suit against the insured seeking damages on account of such bodily injury or property damage, even if any allegations of the suit are groundless, false or fraudulent, and make such investigation and settlement of any claim or suit as it deems expedient, but the Company shall not be obligated to pay any claim or judgement or to defend any suit after the applicable limit of the Company's liability has been exhausted by payment of judgements or settlements.


Exclusions

  • Asbestos exclusion
  • Cyber liability exclusion
  • Date recognition exception
  • etc.

The above is a brief summary of the product. For more details, click here or contact MSIG Insurance (Vietnam) Co., Ltd