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

Discontinued Operations and Products Coverage is a necessity for most contractors and manufacturers. This coverage is intended to provide completed operations and products coverage, either 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.