What it does
CG 22 24 excludes "bodily injury", "property damage" and "personal and advertising injury" for which the insured may be liable because of the rendering of or failure to render professional services in claim, investigation, adjustment, engineering, inspection, appraisal, survey or audit services.
Who needs it
Home and building inspectors, insurance inspection and audit companies, independent adjusters, appraisers and surveyors.
Key provisions and limits
- Like most ISO professional exclusions, it applies even when the claim alleges negligent supervision, hiring, employment, training or monitoring of others, if the occurrence or offense involved the excluded service.
Quoting and selling notes
- Pair with errors and omissions coverage.
- When a professional exclusion is attached, review the professional liability policy for bodily injury and property damage coverage, defense outside limits and the retroactive date, so the two policies fit together without a gap.
