Commercial General Liability Insurance

Why Do You Need CGL Insurance?

The field of general liability insurance embraces business liability hazards. All kinds of business need this type of protection to cover for liability arising from premises, general operations (ongoing and after completion) and products manufactured or sold.

What does CGL Insurance Cover?

  • Bodily Injury & Property Damage- pays for those sums that the insured becomes legally obligated to pay. One of the most important liability exposures for a business is its premises and operations exposure. Liability arising out of the business location or its activities at any location. A business may also face liability exposures because of defects in its products or completed operations.
  • Personal & Advertising Injury-covers claims against the insured for such things as false arrest, oral & written publications that libel, slander or violation of rights of private occupancy, infringement of copyright, title or slogan.
  • Medical Payments- payment is for medical, dental, hospital or funeral services incurred within one year from the date of accident to persons who suffer bodily injury by accident. 1) on or next to insured’s owned or rented premises, or 2) because of the insured’s operation.

Important Information

  • Today, anyone can get hit with a lawsuit. Anyone with significant financial assets to lose can receive protection with an CGL insurance policy.

CGL insurance policy is critical to your financial protection.