CTR066205_-_CGL_WOS.pdf

PDF 216 KB Posted

Attached to
Master Agreement AZ|CTR066205
Contract number
CTR066205
Issued by
Arizona

About this file

This document is a Commercial General Liability (CGL) insurance policy endorsement with a waiver of transfer of rights of recovery, specifically for the State of Arizona. The policy number is PHPK2596941 and it modifies insurance coverage for commercial general liability and products/completed operations liability. The named insured party is the State of Arizona, including its departments, agencies, boards, commissions, universities, officers, officials, agents, and employees.

The endorsement provides a waiver of subrogation rights, meaning the insurance carrier waives its right to recover losses from the State of Arizona for injury or damage arising from ongoing operations or work performed by or on behalf of the contractor. This waiver applies to payments made for injuries or damages that occur during the contractor's operations and are included in the products-completed operations hazard. The document is standardized by Insurance Services Office, Inc. and dated 2008, with the specific version being CG 24 04 05 09.

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Text version

POLICY NUMBER:

COMMERCIAL GENERAL LIABILITY

CG 24 04 05 09

CG 24 04 05 09 © Insurance Services Office, Inc., 2008 Page 1 of 1

WAIVER OF TRANSFER OF RIGHTS OF RECOVERY

AGAINST OTHERS TO US

This endorsement modifies insurance provided under the following:

COMMERCIAL GENERAL LIABILITY COVERAGE PART

PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART

SCHEDULE

Name Of Person Or Organization:

Information required to complete this Schedule, if not shown above, will be shown in the Declarations.

The following is added to Paragraph 8. Transfer Of Rights Of Recovery Against Others To Us of Section IV – Conditions:

We waive any right of recovery we may have against the person or organization shown in the Schedule above because of payments we make for injury or damage arising out of your ongoing operations or "your work" done under a contract with that person or organization and included in the "products-completed operations hazard". This waiver applies only to the person or organization shown in the Schedule above.

The State of Arizona, and its departments, agencies, boards, commissions, universities officers, officials, agents, and employees for losses arising from work performed by or on behalf of the Contractor.

PHPK2596941

File details come from the government source that posted it. Updated .