Commercial General Liability
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What is it?
Commercial General Liability (CGL) Insurance is a fundamental business insurance policy that protects against various liability risks. It covers claims related to bodily injury, property damage, and personal injury arising from business operations, products, or premises. CGL insurance also covers legal expenses, settlements, and judgments resulting from third-party lawsuits alleging negligence or misconduct by the insured business.
If you run this business, it is important to have Commercial General Liability.
Commercial General Liability insurance shields businesses from the financial ramifications of liability claims in a variety of industries. Among the companies that CGL insurance covers are:
When does your business need it??
To reduce liability risks and safeguard its financial interests, your company requires Commercial General Liability insurance in a number of situations. Here are a few situations in which your company may want CGL insurance:
