Comprehensive General Liability Insurance (CGL)
Comprehensive General Liability Insurance (CGL)
A versatile insurance product designed to protect businesses from a wide range of liability risks. It provides coverage for bodily injury, property damage, personal and advertising injury, and other legal liabilities that may arise during the course of business operations. Key features include coverage for legal defense costs, medical payments, and settlements or judgments. CGL Insurance is essential for businesses across various industries, offering financial protection and peace of mind against unexpected liabilities.
Main Coverages
- Bodily Injury Coverage: Protection against claims for physical harm or injury to third parties caused by the business’s operations, products, or services.
- Property Damage Coverage: Coverage for damage to third-party property caused by the business’s operations, products, or services.
- Legal Defense Costs: Coverage for legal expenses incurred in defending against covered claims, including attorney fees, court costs, and settlements or judgments.
- Medical Payments: Coverage for medical expenses incurred by third parties who are injured on the insured premises, regardless of fault.