A typical commercial general liability insurance covers claims of bodily injury or property damage. Your company may become liable to pay for such claims. A CGL insurance policy comes with comprehensive coverage. Under commercial general liability insurance, there are two coverages available— liability cover and medical expense cover. The liability cover provides coverage for third-party […]
Articles Tagged: General Liability Insurance
What are the differences between commercial general liability, general aggregate, and umbrella liability?
Various organizations face a wide range of liability loss exposures covered by a commercial general liability insurance policy. Most importantly, a commercial general liability policy is essential for an organization’s liability insurance policies. In fact, Commercial general liability, general aggregate & umbrella liability insurance should ideally be part of an organization’s annual financial planning. General […]
Does General Liability Insurance Covers Property Damage?
Yes, commercial general liability insurance also covers property damage. A typical commercial general liability insurance covers loss or damage which may arise due to bodily injury or property damage for which your business may be responsible for paying. Overall, commercial general liability insurance offers coverage in case of bodily injury and property damage for which […]