Commercial General Liability (CGL) class code 94444 is for Contractors--Executive Supervisors or Executive Superintendents. This code covers businesses that provide executive oversight and supervision of construction projects. The code includes the following activities:
- Providing executive oversight and supervision of construction projects
- Ensuring compliance with all applicable laws and regulations
- Resolving disputes between contractors
- Overseeing the quality of construction work
CGL insurance provides coverage for bodily injury, property damage, and advertising injury claims arising out of the insured's business activities. Class code 94444 is a general liability code, so it does not cover all of the risks associated with executive oversight of construction projects. For example, this code does not cover the following risks:
- Damage to property caused by the release of hazardous materials
- Bodily injury or property damage caused by explosions or fires
- Bodily injury or property damage caused by the use of radioactive materials
Businesses that provide executive oversight and supervision of construction projects should carefully consider their insurance needs and purchase an appropriate policy. Here are some of the things to consider when purchasing CGL insurance for a contractor's executive supervisor:
- The size and complexity of the construction projects the supervisor oversees
- The locations where the supervisor oversees construction projects
- The types of construction projects the supervisor oversees
- The company's safety record
- The company's financial stability
By carefully considering these factors, businesses in the construction industry can purchase CGL insurance that meets their needs and provides the protection they need.