'Completed operations' coverage under a CGL policy is important to contractors because it covers:

解析

Completed operations responds to bodily injury and property damage arising out of the contractor's work after that work is finished and turned over — the coverage that answers latent defects surfacing years later. (a) is workers' compensation and employers' liability, a different policy entirely. (b) is business income coverage, a first-party time-element loss. (d) is the hardest distractor and the most valuable to get right: the CGL's business-risk exclusions generally leave the cost of repairing your own faulty work uninsured, even though the resulting damage to other property may be covered.