Products-completed operations coverage is a form of product liability coverage for bodily injury and property damage claims, arising out of finished products or services. It may be available under general liability or business owner's policy insurance.
Take the example of a building component that collapses due to structural design flaws, long after the construction project is completed. The contractor may be liable for the damage and any injuries or fatalities that may result from the tragedy. Products-completed operations insurance usually covers such liability claims.