How does "broad form" liability coverage differ from "occurrence" coverage?

Broad form liability coverage is characterized by providing protection for both ongoing and completed operations. This means that it extends protection to situations where work is currently being performed as well as to scenarios where work has been finished. By including coverage for both categories, broad form liability is a more comprehensive option, safeguarding against risks that may arise during the course of operations and those that could manifest after work has been completed.

In contrast, the other options do not accurately encapsulate the essence of broad form coverage. For example, stating that broad form covers only completed operations does not acknowledge that it also provides coverage for ongoing activities. Similarly, claiming that it covers a narrower range of risks undermines its inclusive nature, since broad form is actually designed to offer extensive protection. Lastly, limiting broad form liability to just personal injury cases fails to recognize that it encompasses a wider spectrum of liabilities, not solely focused on personal injury. Thus, the definition of broad form liability as encompassing both ongoing and completed operations captures its full scope and purpose.