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Commercial General Liability (CGL)

Contents

  1. Understanding Commercial General Liability (CGL)
  2. Differentiating Claims-Made and Occurrence Policies
  3. Additional Coverage Options
  4. Special Considerations and Examples

Demystifying Commercial General Liability (CGL) Insurance

Commercial general liability (CGL) insurance is a vital component of risk management for businesses, offering protection against various liabilities arising from their operations. Dive into the intricacies of CGL insurance, from its coverage details to special considerations for businesses.

Understanding Commercial General Liability (CGL)

Explore the nuances of commercial general liability (CGL) insurance policies, including the scope of coverage and the types of liabilities they protect against. Learn about premises coverage, bodily injury, property damage, and the importance of excess liability coverage.

Differentiating Claims-Made and Occurrence Policies

Delve into the differences between claims-made and occurrence policies in the realm of commercial general liability insurance. Understand how these policy types affect coverage and claims handling, empowering businesses to make informed decisions when selecting insurance coverage.

Additional Coverage Options

Discover additional coverage options that complement commercial general liability insurance, such as employment practices liability coverage and errors and omissions insurance. Learn how these policies mitigate specific risks faced by businesses in today's dynamic operating environment.

Special Considerations and Examples

Uncover special considerations for businesses, including the process of naming additional insured parties under CGL policies. Explore real-life examples illustrating scenarios where CGL insurance provides essential protection against unforeseen liabilities.