Products and completed operations insurance

Products and completed operations insurance,

Definition of Products and completed operations insurance:

  1. A subline of general liability coverage for manufacturers, and to a lesser degree, contractors. This coverage protects the insured in the event of claims caused by products they have sold, distributed, produced, or handled. Coverage applies only to products that have been sold and are no longer in the insureds possession, or operations that have been finished by the professional.

Meaning of Products and completed operations insurance & Products and completed operations insurance Definition