Commercial General Liability (CGL)

Commercial General Liability (CGL) insurance is a policy that protects a business from financial losses due to claims of physical injury, property damage, or personal and advertising injury caused to third parties. It covers legal costs and damages if someone sues the business for incidents like slips, falls, or advertising mistakes. CGL is essential for businesses to manage the risks associated with daily operations, ensuring they can handle unforeseen events without facing crippling expenses. Essentially, it provides a safety net to keep a business financially stable when unexpected accidents or claims occur.