Which statement best describes the scope of Your Product?

Which statement best describes the scope of Your Product?

• A. It Only Includes Services
• B. It Excludes Real Property
• C. It Includes Only Products Sold to Customers
• D. It Applies to Property Owned by Others

Answer: (B)

Your Product covers the insured’s goods—manufactured, sold, handled, distributed, or disposed of—and the liability that can arise from those products after they leave the insured’s control. A defining boundary of this coverage is that it does not include real property. Real property—the land and buildings— isn’t a product, so damage to real property isn’t governed by Your Product. That’s why stating that it excludes real property is the best description of its scope. For example, if a product causes damage to someone’s land or a building, that risk isn’t covered under Your Product; other parts of the policy would apply for such property, while Your Product would cover damage to tangible goods that are considered the product itself after release.

Your Product covers the insured’s goods—manufactured, sold, handled, distributed, or disposed of—and the liability that can arise from those products after they leave the insured’s control. A defining boundary of this coverage is that it does not include real property. Real property—the land and buildings— isn’t a product, so damage to real property isn’t governed by Your Product. That’s why stating that it excludes real property is the best description of its scope. For example, if a product causes damage to someone’s land or a building, that risk isn’t covered under Your Product; other parts of the policy would apply for such property, while Your Product would cover damage to tangible goods that are considered the product itself after release.