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What is a commercial general liability policy?
A commercial general liability (CGL) policy is a type of insurance that protects businesses from financial liabilities that may arise from accidents, injuries, or damages caused by their operations. It is a crucial component of a business’s risk management strategy, providing coverage for a wide range of potential claims. In this article, we will explore the key aspects of a commercial general liability policy, its benefits, and how it can safeguard a business against unforeseen liabilities.
In the following paragraphs, we will delve into the details of a commercial general liability policy, its coverage, and the importance of having one for your business.