Which statement about Completed Operations Hazard coverage is true?

• A. It only applies to injuries occurring during the construction phase.
• B. It covers BI/PD arising from the insured's completed operations regardless of when injuries occur.
• C. It covers BI/PD arising after the insured's products or completed work has been completed, but within policy period, depending on endorsement.
• D. It covers punitive damages.

Answer: (C)

Completed Operations Hazard in a Commercial General Liability policy covers bodily injury or property damage that results from the insured’s work after that work has been completed and handed over. The key point is that the injury must arise from something the insured finished, not from ongoing construction, and the claim is triggered while the policy is in effect. Endorsements can extend or modify the timing, but absent an extension, the injury must occur within the policy period. Punitive damages are not covered under a standard CGL, so that option isn’t correct.