Comprehensive General Liability Insurance
Comprehensive General Liability Insurance (CGL) is a type of insurance that protects businesses from financial losses due to claims of injury or property damage caused by their operations, products, or services. It covers legal fees, medical expenses, and damages awarded in lawsuits. For example, if a customer slips and falls at a business, the CGL policy can help cover the costs associated with that incident. Essentially, it helps businesses manage risks and protect their assets against unexpected legal claims.
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Comprehensive General Liability Insurance (CGL) is a type of insurance that protects businesses from financial losses due to claims of bodily injury, property damage, and personal injury caused by their operations, products, or services. It covers legal costs, settlements, or judgments if someone sues the business. This insurance is essential for managing risks associated with day-to-day activities, providing peace of mind that the business can handle unexpected incidents without devastating financial impact. It’s a fundamental safeguard for businesses, ensuring that they can continue to operate even when facing legal challenges.