Choosing the Right insurance
Types of General Liability Insurance Policies
A commercial general liability (CGL) policy protects your business from financial loss should you be liable for property damage, bodily injury, or personal and advertising injury caused by your services, business operations, or employees. Simply put, a CGL policy casts a wide net of protection for you and your business by covering various liabilities such as:
Third-Party Bodily Injury Protection
Something as simple as a guest, client, or colleague slipping on a wet floor can result in severe financial damages. CGL covers bodily injuries suffered by third parties on your premises or in relation to your business operations.
Property Protection
A CGL also protects your company in the event that you are found liable for damage to someone else's property. CGL policies typically cover damage to tangible property as well as damages for the loss of use of the tangible property.
Personal & Advertising Injury Liability
Not all damage is physical. A CGL policy also provides ample coverage for offenses made by your company's employees, such as copyright infringement, slander, libel, or malicious prosecution.
Medical Expenses
CGL policies protect your company if a non-employee is injured on your premises or in an incident related to your operations. Coverage for medical payments can be triggered without legal action, allowing minor medical claims to settle quickly and without litigation.
A Sturdy Defense
Something as simple as a guest or a client visiting your business and slipping on a wet floor can result in severe financial damages. CGL provides coverage for bodily injuries suffered by third parties on your premises or in relation to business operations.
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Want to Learn More About General Liability
To learn more about General Liability and to secure a policy of your own, contact Loft & Co Insurance Services today at 800-969-9740.