General Liability Line of Business

The purpose of the General Liability line of business form is to gather liability information specific to the policy you are attaching this line of business to.

  1. Click New on the Line of Business section bar, and then select General Liability from the Line of Business list.
  2. Click Add on the section bar. The new Line of Business appears in the Line of Business list.
  3. Click the link for this specific line business (see example).

Do one of the following:

  • Click Edit on the Line of Business section bar, and then click General Liability from the Line of Business list.
  • In the Customer Center, search for and select the customer. With a customer record open, from the sidebar menu select Views > Policies. Click General Liability at the bottom of the Policy Summary view.

The Line of Business list is filtered by the Type of Business selected in the Basic Policy Information section, only if the Filter data entry and lines of business by Type of Business check box is also selected.

Enter the following information in the General Coverage Information section.

Liability Coverage Type

Select the type of liability coverage that this policy covers.

Coverage Basis

Identify whether the coverage is on an Occurrence or Claims Made basis.

Other Coverages, Restrictions and/or Endorsements

Type any additional coverages, restrictions, or endorsements included on this policy. Example Include the Vendors Endorsement; Exclude Damage to Rented Premises coverages.

To enter premiums in the Policy form:

  1. Expand the Total Premium section.
  2. Enter the premium total in the Premium field for the entire line of business, or you can enter the individual coverage premiums as you enter the detail.
  3. Click Calculate to have AMS360 add the amounts entered for the individual coverages and display the total in the Premium field.

To add or edit a coverage in the General Liability Line of Business form:

Click New (or Edit) and enter the following information. When finished, click Add (or Update). The updated information appears in the associated grid. To add multiple entries, repeat this procedure.

Coverage Grid

The coverages display in the grid for reference. You can add a new, edit an existing, or delete a coverage.

Coverage Level

Line of Business: Select this option if the coverage you are entering applies at the line of business level versus the individually scheduled item.

State: Select this option if the coverage is based on the state.

Location: Select this option if the coverage applies to the location versus line of business, state, or individually scheduled item.

Default standard coverages and limits based on General Aggregate

Check this option to have AMS360 set up the following coverages and limits when you enter information for the General Aggregate coverage:

  • Fire Damage - $50,000.
  • Medical Expense - $10,000.
  • Products/Completed Operations - 100% of the general aggregate limit.
  • Personal & Advertising Injury - 50% of the general aggregate limit.
  • Each Occurrence - 50% of the general aggregate limit.
    • This  box appears only when Coverage Level is Line of Business AND General Aggregate is selected from the Coverage list.

Sort Order

Type the order that this coverage should appear in the grid and on forms.

Coverage

Select the applicable coverage from the list.

Limit 1, Limit 2

Type the single or split limits that apply.

Exposure

Type the amount at risk.

Rate

Type the rate at which coverage is calculated.

Premium

Type the cost of this coverage.

Deductible Information

Type: Select the deductible type from the list.

Amount: Type the amount of the deductible.

Basis: Select the basis for the deductible from the list.

Applies To: Select the coverage(s) to which the deductible applies from the list.

Miscellaneous Information

Enter any additional information that applies to the deductible or coverage. Example: Options other than Property Damage or Bodily Injury Deductible.

Employee Benefit Information

Complete the following information if Employee Benefits Liability is to be provided:

  • Number of Employees covered by Employee Benefits Plans: Type the number of employees.
  • Retroactive Date: Type the retroactive date for claims made policies, if applicable.
  • Comments: Type any comments or additional information about Employee Benefit Information.
Schedule of Hazards

Click Set all "No" to answer all questions "No." You can then change individual answers as necessary. List all information that applies in the Literature, Brochures, Labels, Warnings, Etc. field. Include copies with the application, if available. Explain "Yes" answers in the Remarks section.

Click Set all "No" to answer all questions "No." You can then change individual answers as necessary. Explain "Yes" answers in the Remarks section.

Click New (or Edit) and enter the following information. When finished, click Add (or Update). The updated information appears in the associated grid. To add multiple entries, repeat this procedure.

Form #

Policy form number or company form designation for the type of policy/coverage desired.

Edition Date

Enter the Edition Date that applies to this form (MM/YYYY)

Form Name

Enter the name of the form.

Description

Enter the form description.

Eff/Exp Date

Enter the effective and expiration dates for the form.

Some fields may not be available depending on the type of line of business.

Type additional information about the policy, risk, or subject of insurance that is not entered elsewhere.

What's Next?

Do you need to create and print Applications or Certificates? See eForms Manager for more information.

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