Property insurance that covers all direct damage to property except damage caused by perils specifically excluded is called CGL.

Name: Property insurance that covers all direct damage to property except damage caused by perils specifically excluded is called CGL.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

CGL stands for Commercial General Liability, which covers liability for bodily injury or property damage caused by the insured's business operations. It does not cover direct damage to property.

Property Insurance That Covers All Direct Damage to Property Except