What it does
CG DS 05 07 98 as the Products/Completed Operations Liability Declarations. It shows the named insured, limits (each occurrence and aggregate), products or work insured, classification and premium.
Who needs it
Manufacturers and contractors buying separate products/completed operations policies.
Quoting and selling notes
- Check the description of products or completed work matches the exposures to be insured.
- When products/completed operations coverage is written separately, check that the premises/operations policy and this policy together cover every exposure, including discontinued products and work completed in prior years.
- Products declarations list the classifications used for rating; check that each product line sold is included.
