What does Premises Operations mean? Read on to discover the definition & meaning of the term Premises Operations - to help you better understand the language used in insurance policies.
One of the categories of hazards ordinarily insured by a general liability policy. Composed of those exposures to loss that fall outside the defined "products-completed operations hazard," it includes liability for injury or damage arising out of the insured's premises or out of the insured's business operations while such operations are in progress.
We hope the you have a better understanding of the meaning of Premises Operations.