Coverage applying to all liability assumed by the insured in contracts, whether
reported to the insurer or not. Note that the term "blanket contractual liability
insurance" does not address the extent of the transferred liability the policy
covers, only that it is not necessary to report contracts to the insurer for
listing in the policy. It is possible to have blanket broad form contractual
liability insurance or blanket limited form contractual liability insurance.
Contractual liability coverage was added to 1973 and earlier edition
comprehensive general liability (CGL) policies
by endorsement. Blanket broad form contractual liability coverage is incorporated
into the basic provisions of the 1986 and subsequent commercial general
liability (CGL) forms.
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