'Impaired property' CGL definition can prove to be tricky. (comprehensive general liability) (The FC&S Answer): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on October 26, 1992. The length of the article is 1026 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Impaired property in comprehensive general liability (CGL) insurance policies refers to tangible property that is defective. Impaired property does not contain the product or work of the insured party. Deficient property that can be restored to use by removing the product or work of the insured party is considered to be impaired property. Extra expense insurance coverage should apply to the expenses of restoring office files and paperwork if those files and paperwork are essential to the conducting of a business.

Citation Details
Title: 'Impaired property' CGL definition can prove to be tricky. (comprehensive general liability) (The FC&S Answer)
Author: Eugene F. Wolters
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: October 26, 1992
Publisher: The National Underwriter Company
Issue: n43 Page: p25(2)

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