This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The core function of Products Liability and who it applies to, such as manufacturers and restaurants.
- The definition of Completed Operations coverage and how it protects contractors and installers after a job is finished.
- The specific criteria the CGL policy uses to determine when work is officially considered "complete."
- Why Products and Completed Operations claims are subject to their own separate aggregate limit, distinct from the General Aggregate.
- Common exam traps, such as distinguishing a products claim from a premises liability claim when an injury occurs on-site before a sale is complete.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep