What is Discontinued Operations & Products Coverage and why would I need it?

Discontinued operations coverage and discontinued products coverage is a necessity for most contractors, manufacturers and others. This coverage is intended to provide completed operations, and products coverage, after retirement, or after a business is no longer in business. Under the CGL policy, the claim must arise out of an occurrence that takes place during the policy period. If you close your business, or retire, and no longer have a CGL policy in effect, you would be without coverage. The Discontinued Operations and Products coverage would continue to provide you with the protection you need. 

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