A Commercial General Liability Insurance Policy (CGL Policy) protects an insured company from claims of bodily injury or property damage caused on the business premises or because of using the company products or because of company’s operations. A Commercial General Liability Insurance a combination of Product Liability Insurance and Public Liability Insurance Policy. An important provision under […]
One important feature under a Commercial General Liability Insurance Policy Coverage is cover for Supplementary Payments. This article will explain in detail all forms of Supplementary Expenses covered under a CGL Insurance Policy. What are Supplementary Expenses under a CGL Insurance Policy? A typical Commercial General Liability Insurance Policy defines Supplementary Expenses as under: Reasonable expenses (other […]
Products-Completed Operations Liability in a Commercial General Liability Insurance Policy is an important CGL Insurance Policy Coverage most often utilised by Construction Companies. A Commercial General Liability Insurance Policy usually defines Products-Completed Operations as the following: Includes all bodily injury and property damage occurring away from premises owned or rented by the Insured and arising […]
What is Personal and Advertising Injury in a CGL Insurance Policy? A Commercial General Liability Insurance Policy (also known as CGL Policy) is one of the most important insurance policies for any business. A CGL Policy covers the Bodily Injury and Property Damage suffered by third parties. The Bodily Injury and Property Damage Section of the […]
A Commercial General Liability Insurance Policy also known as a CGL Insurance Policy is one of the most important insurance policies for a business. A CGL Policy protects the Insured Party from any liability arising from bodily injury or property damage suffered by 3rd parties. CGL Policy Coverage includes cover for accidents such as a […]
Organisations purchasing a Commercial General Liability Insurance Policy (also known as CGL Policy) should understand how the various limits apply and how they impact the Commercial General Liability Insurance Policy Cost. CGL Policy Wordings specify different limits. This article will explain the meaning of these various limits and how they impact the claims. What is the Commercial […]
Today, there is strong public awareness about the workplace conditions and daily operations of companies. If a company is found to be in breach in contravention of the existing laws of the respective countries, they might get sued by customers or other people. As a result, there is a lot of pressure on organisations to […]