Completed Operations Liability Coverage Law and Legal Definition
Under completed operations liability insurance, coverage is provided for bodily injury and property damage arising from completed or abandoned operations. In order to be qualified for such coverage, the incident needs to have occurred away from premises owned or rented by the insured. An operation is considered to be completed under the following situations.
1. When all operations to be performed by or on behalf of the insured under contract have been completed.
2. When all operations to be performed by or on behalf of the insured at the site of the operations have been completed.
3. When the portion of work out of which injury or damage rises has been put to its intended use by a party other than the contractor or subcontractor.
Legal Definition list
Related Legal Terms
- Absolute Liability
- Accountants Professional Liability Insurance
- Accrued Liability
- Additional Crop Insurance Coverage
- Additional Extended Coverage
- Aerospace Control Operations
- Aircraft Operations [Aeronautics and Space]
- Amalgamation of Operations [Transportation]
- Apportionment of Liability
- Asset-Coverage Test