What it does
CG 25 02 contains a schedule for General Aggregate, Products-Completed Operations Aggregate, Personal & Advertising Injury, Each Occurrence, Damage To Premises Rented To You and Medical Expense limits. The limits shown in the Declarations are replaced by those entered in the schedule for each line with an entry.
Who needs it
Used by underwriters to change limits mid-term or to set limits that differ from the Declarations (for example a lower medical expense limit, or a reduced damage to premises rented limit).
Key provisions and limits
- Only the limits with an entry are replaced; the others stay as shown in the Declarations.
Quoting and selling notes
- Check renewals for this form: it can silently lower a sublimit such as medical expense or damage to premises rented.
