Which parties are fully covered under the corporation's commercial general liability policy?

The correct answer highlights that under a corporation’s commercial general liability (CGL) policy, it extends coverage to not just the corporation itself but also to its officers, employees, and directors. This comprehensive coverage is designed to protect the organization and its key personnel from liabilities arising from incidents that occur in the course of business operations.

Officers and directors often face personal liability for actions taken on behalf of the company, which is why their inclusion in the policy is crucial. Employees are also covered because they represent the corporation in various capacities while performing their job duties. This collective coverage ensures that the corporation is financially protected, and its leadership and workforce can operate without the constant fear of personal liability for business-related activities.

While some options suggest limited coverage, it's important to recognize that CGL policies are structured to encompass a broad range of parties related to the business as part of their risk management strategy. This protects not only the corporation itself but also those individuals who contribute to its operations.