Commercial General Liability Insurance

Commercial General Liability (CGL) Insurance is a type of insurance that protects businesses from financial losses due to various claims. This can include bodily injury, property damage, and personal injury (like defamation) that occur on the business’s premises or as a result of its operations. For example, if a customer slips and falls in a store, CGL insurance can cover medical expenses and legal fees. Essentially, it helps businesses manage risk and safeguard their assets against unforeseen accidents and lawsuits. This coverage is essential for maintaining financial stability and protecting a company’s reputation.