What is excluded from the definition of Your Product?

What is excluded from the definition of Your Product?

• A. Goods or Products
• B. Real Property
• C. Services
• D. Intangible Assets

Answer: (B)

Your Product is the portion of the liability coverage that applies to tangible goods the insured manufactures, sells, handles, or distributes, including the containers, wrappers, and labels that bear the insured’s name. Real property—land and buildings—fits outside this scope because it isn’t a product. The policy covers liability from the products themselves, not from real estate, so real property is excluded. In contrast, goods or products are exactly what Your Product covers, and services or intangible assets relate to activities or assets not defined as the tangible products the definition targets.

Your Product is the portion of the liability coverage that applies to tangible goods the insured manufactures, sells, handles, or distributes, including the containers, wrappers, and labels that bear the insured’s name. Real property—land and buildings—fits outside this scope because it isn’t a product. The policy covers liability from the products themselves, not from real estate, so real property is excluded. In contrast, goods or products are exactly what Your Product covers, and services or intangible assets relate to activities or assets not defined as the tangible products the definition targets.