1. A CGL policy written on an occurrence basis covers claims arising from injury or damage that:

occurs during the policy period, regardless of when the claim is later made

Occurrence coverage applies to injury or damage taking place during the policy period even if the claim is reported years later.

2. The most a CGL policy will pay for all covered losses during the policy period is the:

aggregate limit

The aggregate limit caps total payments under the policy for the period, separate from the per-occurrence limit.

3. Liability arising from a customer injured by a product after it has left the insured's premises falls under:

products and completed operations

Products-completed operations coverage responds to injury or damage caused by the insured's products or completed work away from the premises.

4. The Commercial Property Building and Personal Property form's 'business personal property' typically includes:

furniture, fixtures, machinery, and stock used in the business

Business personal property covers contents such as furniture, fixtures, equipment, machinery, and stock used in the insured's business.