Commercial General Liability Insurance
Commercial General Liability Insurance Commercial General Liability Insurance: Essential Protection for Businesses Commercial General Liability (CGL) insurance is a foundational policy that protects businesses from financial losses caused by third-party claims of bodily injury, property damage, personal injury, and advertising injury. It is critical for companies of all sizes and industries, providing coverage for liabilities arising from everyday business operations, premises, products, or completed work. What Is Commercial General Liability Insurance? CGL insurance offers broad protection against claims that can arise due to a business's operations or on its premises. For example, if a customer slips and falls on a company’s flooring, or if a product causes damage after being sold, the business may face expensive lawsuits or settlements. CGL insurance covers these costs, including medical expenses, legal defense fees, and judgments or settlements, up to policy limits. Key Co...