Completed operations loss exposure refers to liability arising from work performed for clients after the project is finished. Which of the following best reflects this concept?

Completed operations loss exposure refers to liability arising from work performed for clients after the project is finished. Which of the following best reflects this concept?

• A. Completed operations
• B. Premises liability
• C. Product liability
• D. Personal liability

Answer: (A)

Completed operations exposure covers liability that arises after a project has been finished and handed over to the client. This means if the completed work leads to damage or injury months later, the insured is potentially liable and the completed operations coverage would respond. It specifically addresses faults in work that has already been completed, not incidents that happen during the construction phase or on the insured’s own premises. Why this fits best: the scenario describes liability arising from work done for clients once the project is finished. Premises liability would apply to incidents on the insured’s own property, product liability to defects in products sold, and personal liability to the insured’s general personal actions. The completed operations concept captures the post-completion risk tied to the contracted work itself, which is exactly what the question describes.

Completed operations exposure covers liability that arises after a project has been finished and handed over to the client. This means if the completed work leads to damage or injury months later, the insured is potentially liable and the completed operations coverage would respond. It specifically addresses faults in work that has already been completed, not incidents that happen during the construction phase or on the insured’s own premises.

Why this fits best: the scenario describes liability arising from work done for clients once the project is finished. Premises liability would apply to incidents on the insured’s own property, product liability to defects in products sold, and personal liability to the insured’s general personal actions. The completed operations concept captures the post-completion risk tied to the contracted work itself, which is exactly what the question describes.