What it does
CG 20 36 adds the scheduled person or organization as an additional insured, but only for their liability as grantor of a license to the named insured.
Who needs it
Licensees of brands, intellectual property, property access or concessions where the licensor requires AI status.
Key provisions and limits
- Schedule names the licensor.
- Coverage applies only to the extent permitted by law.
- Contract-based limits: coverage is no broader than any contract requires, the most paid for the additional insured is the lesser of the contract-required amount or the policy limits, and the endorsement does not increase limits.
Quoting and selling notes
- When the insured has many licenses, CG 20 35 provides automatic status.
