GENERAL LIABILITY INSURANCE

Commercial General Liability (CGL) insurance is a type of insurance that provides coverage for businesses in the event that they are found liable for bodily injury or property damage to a third party.

The coverage typically includes legal defense costs, judgments, and settlements.

CGL insurance policies generally cover a range of liability risks that businesses may face, including:

1. Premises liability: This type of liability is related to accidents that occur on the business's property, such as slip and fall accidents, or injuries caused by the condition of the property.

2. Product liability: This type of liability is related to injuries or damages that are caused by products that the business sells, manufactures, or distributes.

3. Completed operations liability: This type of liability is related to injuries or damages that occur after a business has completed work for a customer or client.

4. Personal and advertising injury liability: This type of liability is related to non-physical injuries, such as libel or slander, that may be caused by the business's advertising or other communications.

CGL insurance can be critical for businesses as it helps protect them from the financial burden of lawsuits or legal claims made against them. Without CGL insurance, a business may be forced to pay legal costs and damages out of pocket, which can be a significant financial burden and may even threaten the survival of the business.

It's important to note that CGL insurance policies can vary significantly in terms of coverage, so it's important for businesses to carefully evaluate their insurance needs and work with an experienced insurance agent to determine the appropriate coverage limits and types of coverage for their business.